Screenshot from the lawsuit filed on June 28, 2024 by Martin Radev.
Following this, on June 4, 2024, Massachusetts‘ top securities regulator began investigating Gill’s recent trading activity over potential manipulation.
By June 16, 2024, Gill had accumulated a stake of $262 million in GameStop, leading to discussions about market manipulation in the meme-stock era.
Price Action: On Friday, GameStop shares closed 1.6% lower at $24.69, according to data from Benzinga Pro.
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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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