SEC Sues Man for Allegedly Spreading Rumors to Net $133K in Stock Gains
This suit was surfaced by Law.com Radar. Read the complaint here.
April 14, 2022 at 07:03 AM
1 minute read
Securities Litigation
The U.S. Securities and Exchange Commission sued Anthony Salandra Monday in Georgia Northern District Court over alleged violations of federal securities laws. The lawsuit accuses the defendant of creating and disseminating false rumors that caused the price of targeted stocks and options to temporarily rise and netted defendant $132,560 in 'ill-gotten' gains. The case is 1:22-cv-01405, Securities and Exchange Commission v. Salandra.
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