WebSep 5, 2024 · A Bed Bath & Beyond exec was facing a $1.2 billion “pump-and-dump” stock fraud suit when he apparently leaped to his death from his swank 18th-floor apartment in Lower Manhattan last week. WebSep 5, 2024 · The Shareholder Lawsuit: Gustavo Arnal, who died at 52, and Cohen, are named as defendants in the class action lawsuit filed Aug. 23 in the United States District …
Lawsuit that may have played role in Bed Bath & Beyond exec
WebSep 4, 2024 · Gustavo Arnal, 52, is being sued for allegedly inflating the Bed Bath & Beyond's stock price in a 'pump and dump' scheme The lawsuit, filed August 23, claims a majority shareholder... WebSep 5, 2024 · Arnal, a veteran finance executive who held the role of CFO at BBB since May 2024, was among a number of defendants recently named in a class-action suit, … smosh boneless
Ryan Cohen Is Making Wild Profits. But at Whose Expense?
WebApr 8, 2024 · The company’s then CFO Gustavo Arnal was accused of participating in a ‘pump and dump’ scheme. Where the company would manipulate data or other information in order to boost the stock prices and then sell at the inflated rates. After the accusations, then Arnal died by suicide. WebApr 8, 2024 · The company’s then CFO Gustavo Arnal was accused of participating in a ‘pump and dump’ scheme. Where the company would manipulate data or other information in order to boost the stock... WebThe class action lawsuit was brought by a group of shareholders who claimed they lost around $1.2 billion. The lawsuit alleges Arnal made misleading statements to investors, and sold off his shares at a higher price after the scheme. Arnal still had about 255,000 shares remaining. The sales amounted to about $1.4 million. smosh bobblehead