Tag: Fitbit stock

UN report says North Korea laundered $2 billion theft via Hong Kong firm
July 11, 2018 BY LeapRate Staff

SEC files additional charges in scheme to manipulate Fitbit stock

The U.S. Securities and Exchange Commission (SEC) has announced that it has filed fraud charges against a second defendant in connection with a scheme to manipulate the price of Fitbit securities through false regulatory filings. According to the SEC's complaint, Mark E. Burns purchased Fitbit call options just minutes before he and his co-conspirator, Robert…

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UN report says North Korea laundered $2 billion theft via Hong Kong firm
May 22, 2017 BY Valentina Kirilova

SEC charges fake filer with manipulating Fitbit stock

The Securities and Exchange Commission (SEC) filed fraud charges against a Virginia-based mechanical engineer accused of scheming to manipulate the price of Fitbit stock by making a phony regulatory filing. According to the SEC’s complaint, Robert W. Murray purchased Fitbit call options just minutes before a fake tender offer that he orchestrated was filed on…

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