Clarus files lawsuit against hap trading and harsh a. padia for recovery of short-swing profits

Salt lake city, sept. 23, 2022 (globe newswire) -- clarus corporation (nasdaq: clar) (“clarus” and/or the “company”), a global company focused on the outdoor and consumer enthusiast markets, announced today that it has filed a lawsuit in the u.s. district court for the southern district of new york against hap trading, llc and mr. harsh a. padia to seek to disgorge profits from transactions in clarus common stock and related derivative securities in violation of section 16(b) of the securities exchange act of 1934, as amended.
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