Case profileConvictedFederalCDCA

Activist Short Seller Convicted for $21M Stock Market Manipulation Scheme

An activist short seller was convicted of securities fraud for operating a long-running market manipulation scheme that generated profits of more than $21 million.

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$21.00M alleged lossFiled: Jun 2 · 12:00 UTCUpdated: Jun 10 · 23:35 UTC

Charges

Securities fraud

SourceU.S. Department of Justice ↗

https://www.justice.gov/opa/pr/activist-short-seller-convicted-21m-stock-market-manipulation-scheme