Upexi files litigation in nevada as first step in determining manipulation of fractional share roundups during reverse stock split

Tampa, fl / accesswire / november 25, 2024 / upexi, inc. (nasdaq:upxi) (the "company" or "upexi"), a multi-faceted amazon and direct-to-consumer brand owner and innovator in aggregation, announces the company has filed a complaint in the united states district court for the district of nevada to pursue the groups and individuals who orchestrated the manipulative and fraudulent activity in the shares round-up scheme related to upexi's reverse stock split. upexi anticipates that the court, through the discovery process, will enable the company to determine who are the individuals owning the accounts and engaged in the manipulative trading transactions within those accounts in connection with and around the announcement and effective date of upexi's reverse stock split.
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