News Formal

U.S. criminally charges Citron Capital’s Andrew Left for alleged market manipulation

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 14 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 173%
  • Publisher: 92%

Canadian News Nouvelles

Canada News,Breaking News Video,Canadian Breaking News

Activist short seller Andrew Left faces multiple counts of securities fraud for an alleged long-running market manipulation scheme

U.S. authorities filed criminal and civil charges against prominent activist short seller Andrew Left on multiple counts of securities fraud for an alleged long-running market manipulation scheme, they said on Friday.

The SEC filed separate civil charges against Left and Citron Capital LLC over what it described as a $20 million scheme to defraud followers. But then Left and Citron Capital quickly reversed those positions to capitalize on stock price movements, they said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 5. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

US sues Citron Capital and founder Andrew Left for alleged market manipulationLeft used his social media platforms on at least 26 occasions to publicly recommend taking a position in companies, only for him to reverse his firm's...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »