Let's hope he has success and paves the way to prosecute.
"Manning’s claims against the financial institutions include the New Jersey Racketeer Influenced and Corrupt Organizations (RICO) Act along with common-law claims for unjust enrichment, interference with economic advantage and contractual relations, breach of contract, breach of the covenant of good faith and fair dealing, and negligence. Today’s ruling will allow Manning to have his day in New Jersey state court." source: https://aminewswire.com/stories/510724790-naked-short-sellers-squeezed-by-supreme-court
Who doesn't recognize naked short selling? The SEC instituted RegSho but failed to follow-thru on obvious pounding of a stock.
Who stood to benefit from the stock price decline of Birch Mountain Resources? Ummm. Brookfield Asset Management!