February 17, 2021 08:32 pm
Original Link: https://www.theverge.com/2021/2/17/22287612/reddit-wallstreetbets-gamestop-lawsuit-roaring-kitty-gill-market-manipulation
Reddits lead GameStop hypebeast is being sued for his role in the stock surge
“Roaring Kitty,” also known as u/DeepFuckingValue on Reddit and Keith Patrick Gill in real life, is now the target of a lawsuit (which you can view below) that claims he manipulated the market to increase GameStop’s stock price.
The lawsuit claims that he created a “fake persona” of an investment newbie, while actually having several financial certifications and working for an insurance company. That company, Massachusetts Mutual Life Insurance Company, is also named as a defendant, with the case saying that it should’ve prevented Gill from talking about the stock.
Gill is well known on the WallStreetBets subreddit, where he’s been posting for a year about GameStop’s stock, its value, and how much he has invested. He would also post h...
Original Link: https://www.theverge.com/2021/2/17/22287612/reddit-wallstreetbets-gamestop-lawsuit-roaring-kitty-gill-market-manipulation
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