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US indicts Andrew Left in $16 million stock market manipulation scheme

The indictment, filed on Thursday, said Left “commented on publicly traded companies, asserting that the market incorrectly valued a company’s stock and advocating that the current price was too high or too low,” the Justice Department said in a statement.

Left, 54, of Boca Raton, Florida, made recommendations as a commentator on multiple cable business news channels, on his X social media account and a website, it said.

“The commentary routinely included sensationalized headlines and exaggerated language to maximize the reaction it would get from the stock market,” the department said.


Source: Economy - investing.com

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