Eight social media influencers have been charged with trying to manipulate stocks through the use of their platforms, the Securities and Exchange Commission announced. The SEC said the $100 million securities fraud scheme had been carried out since at least January...
Former employee of online gambling company charged by SEC with insider trading
A former employee of a Pennsylvania-based online gambling company has been charged with insider trading, the Securities and Exchange Commission announced. The SEC filed a complaint in federal district court against David Roda of Philadelphia, a former software...
Former CFO of pharmaceutical company charged with insider trading
A former pharmaceutical company executive and his former girlfriend have been charged with insider trading, the Securities and Exchange Commission announced in a news release last week. The SEC filed a complaint in U.S. District Court against Usama Malik, the ex-Chief...
Stock webcast host charged with spreading false rumors about companies
The host of a stock trading webcast has been charged with spreading false rumors about public companies as part of an alleged “market manipulation scheme,” according to AdvisorNews. The Securities and Exchange Commission filed a complaint in United States District...
Former Nvidia Corp. Accounting Manager Settles with the SEC on Insider Trading Charges
Chris Choi, a former Nvidia Corp. account manager recently settled with the SEC on insider trading charges. According to the SEC complaint, filed in the Southern District of New York, Mr. Choi tipped a friend with nonpublic information before the technology company’s...
