Quote:
Originally Posted by 77T
A pump and dump federal charge could of securities fraud could arise due to the fact that he held the stock. In those cases, intent can be construed as “should have known”. After all, he was on the opposite side of the short interest.
Maybe no incarceration, but the financial penalty (if found guilty) could include confiscation of his gains. Bankruptcy beckons. Feel sorry for the family.
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the guy was long the stock for a year and a half and he still owns it.
this isnt martin shkrelli.