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Chinese mobile security firm NQ Mobile (NQ) on Wednesday said it has found no evidence to support the fraud claims brought by a short seller, news that sent the stock rising. “The investigation team has thus far found no evidence that the company engaged in the fraudulent conduct that was alleged by Muddy Waters,” NQ said in a statement. The company, however, also said that it is not yet ready to release the final report of findings from an Scalper1 News
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