stock market manipulation
Coverage of stock market manipulation in the Nexus archive.
- Short seller Andrew Left convicted of securities fraud
Andrew Left, a short seller and securities analyst, was convicted by a federal grand jury in California of participating in a securities fraud scheme and 12 counts of securities fraud. The Justice Department alleges he manipulated stock prices by publishing sensationalized research and social media posts targeting retail investors. Left, who operates under Citron Research, faces up to 25 years in prison and is scheduled for sentencing on August 31.
- Activist Short Seller Convicted for $21M Stock Market Manipulation Scheme
An activist short seller was convicted by a federal jury in Los Angeles for a market manipulation scheme that generated over $21 million in profits. The conviction relates to securities fraud charges.
- Founder of Citron Research Found Guilty of Scheming to Manipulate Stock Market via Media Campaigns
The founder of Citron Research was found guilty of using his public platform to manipulate stock market activity through media campaigns and trading opposite to the position he presented to the public.