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Orco asks to investigate possible market manipulation

Developer Orco Property Group on Tuesday said it had submitted a request to the Czech National Bank to investigate Lubos Smrcka and SOS ORCO for possible market manipulation.

“SOS and Mr. Smrcka have repeatedly disclosed on their website or in the media misleading, defaming and false information concerning Orco,” Orco said.

At the same time as Orco made the request of the Czech central bank, Jean-Francois Ott, Orco's founder and CEO, filed a defamation suit in Municipal Court of Prague against Mr Smrcka and SOS. (MTI-ECONEWS)