Business

Pirelli Faces Legal Action Over Short Seller Claims

Updated 2026-06-04 10:35 UTC 1 source Negative

Tire manufacturer Pirelli is set to take legal action after short seller Grizzly Research alleged the company has a 'close relationship' with Russia. The claims have sparked controversy in the business community.

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CNBC

Tire giant Pirelli vows legal action as short seller alleges ‘close relationship’ with Russia

Pirelli has instructed lawyers to take legal action after short seller Grizzly Research claimed the firm has a "close relationship" with Russia.

2026-06-04 10:18 UTC