Sofia's Files

Its stock was heavily shorted. Atlas Meridian's research team published a surprise upgrade, citing "improving reimbursement visibility" and "constructive policy dialogue." Two days before the note, call volume exploded. Three days after the note, a health policy aide briefed industry participants on a reimbursement proposal favorable to hospital operators. HelixCare rose forty percent in a week. Atlas's prime brokerage clients with early call positions made hundreds of millions. Reiss had flagged the timing internally. His superior told him the matter had been reviewed. A month later his responsibilities changed. Three months later he left. "Why come forward now?" Sofia asked. "Because they are going to do it again," Reiss said.