The AMF has required the suspension of MEXEDIA shares and calls on investors to be vigilant
As part of its surveillance of stock market transactions, the Autorité des Marchés Financiers (AMF) has identified several indicators of possible price manipulation in the form of pump and dump practices on MEXEDIA S.p.A. shares. It is urging investors to be extremely wary of recommendations to buy a security that promise strong upside potential.
Please note that the French version of this press release was published on 12 September 2025.
In accordance with the regulations on financial markets and market abuse, the AMF asked Euronext to suspend trading in MEXEDIA S.p.A. shares at the end of the trading session on 11 September 2025 and until 30 September 2025 inclusive, or until a new notice is published at an earlier date if market information allows trading to resume, due to suspicions of market abuse affecting the company's shares, as the AMF has noted several indicators of a possible ongoing “pump and dump” practice (see box).
The AMF, which will continue its analytical work, encourages investors who may have bought shares as a result of aggressive sales pitches to keep all the documents at their disposal (screenshots of these recommendations, email or private messaging exchanges) and to forward them to the AMF by contacting the Epargne Info Service platform online or by telephone on +33(0)1 53 45 62 00 from Monday to Friday, 9am to 12.30pm (price of a local call).
The "pump and dump" technique is a practice that consists of approaching investors and luring them with a promise that a share has strong upside potential, which they need to seize quickly. The purchases generated in this way boost the share price and trading volumes, and support the pitch of this person who generates further purchases, thereby maintaining buying pressure on the share. In addition to the fact that this person does not have any authorisation or approval to recommend these shares for purchase, they deliberately fail to point out to their contacts that they hold often large quantities of these shares, which they sell as the possibility arises, thereby making high capital gains. As soon as the sale is completed and the buying pressure ceases, the share price falls sharply, causing significant prejudice to investors, who find themselves with large positions bought at a high price.
About the AMF
The AMF is an independent public authority responsible for ensuring that savings invested in financial products are protected and that investors are provided with adequate information. The AMF also supervises the orderly operations of markets. Visit our website: https://www.amf-france.org/en
