May 12, 2022
A California man told a Brooklyn federal judge Thursday that he talked up shares of a medical device concern using emails and call rooms, and cashed out $250,000 in a pump-and-dump fraud that he operated along with four unnamed accomplices.
July 22, 2021
A California penny stock investor was arrested Thursday and hit with parallel claims from the U.S. Securities and Exchange Commission and Brooklyn federal prosecutors alleging he illegally scored $9.1 million by manipulating share prices with deceptive advertisements.