How Mota skidded in the mud of the funds
The North American firm Muddy Waters sued Mota-Engil in the US for defamation after being accused of market manipulation.

Latest news and stories about market manipulation in Portugal for expats and residents.
The North American firm Muddy Waters sued Mota-Engil in the US for defamation after being accused of market manipulation.

At the end of 2024, in an interview with Expresso, the CEO of Mota-Engil accused Muddy Waters of “market manipulation” for betting on the fall of the construction company's shares. The firm has since filed a lawsuit against Mota, which has already presented its defence in the US courts.

Almost three years after the Public Prosecutor's Office (MP) filed charges, the trial concerning alleged fraud and market manipulation in Banco Espírito Santo's (BES) 2014 capital raising still has no scheduled start date. This is because, reports NOW, after the Supreme Court of Justice (STJ) decided that the case would be tried ...
