I think the difference in facts you're talking about is a difference of degree, not category. In other words, it's not plainly false, there certainly is a vulnerability, it's just perhaps exaggerated. I could see a case being brought against the researchers on those grounds, but I'd be really surprised if anything came of it.

It could be interesting. Some of the flaws presented require you flash your bios, if I understand correctly. They are included with what are likely real flaws, but maybe it's enough for a case of misleading the public in part. To me it seems sort of like saying Ford engines have a tendency to blow up, but only after you've overwritten some engine firmware. By itself, not much to talk about, but when attached to something that has indications of being used to make money through stock changes, maybe is more likely to be looked at unfavorably by the SEC?

Hopefully someone with more experience can answer this, but could the stock be going up due to high short interest?

Maybe not technically a short squeeze (https://en.m.wikipedia.org/wiki/Short_squeeze) but related?