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Opinion
Matt Levine

Is Shorting Bogus Patents Bad?

Also Deutsche Bank, WallCoins and AriseBank.

Let’s say you’re in the business of researching and thinking about public companies and, in the course of that research and thinking, you conclude that a public company is doing something bad. So you decide to try to stop it, using the array of normal legal means that one can use to stop bad things. Perhaps you will sue the company for doing the bad thing. Perhaps you will write to members of Congress and ask them to pass a law stopping the company from doing the bad thing. Perhaps you will call the police, or the FBI, or the SEC or FTC or CFTC or FDA or FAA or FCC or OCC or EPA or NLRB or NHTSA, and ask them to stop the company from doing the bad thing. In all of this you will act with scrupulous honesty, presenting the facts and your conclusions in good faith and complying in all respects with the rules and norms of the judicial or political or regulatory system. If, on the basis of your research and arguments, the court/Congress/regulators/whoever agree with you, then they will stop the company from doing the bad thing; if not, you will accept their verdict and move on.

That seems fine, right?