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Wednesday, March 27, 2024 | Back issues
Courthouse News Service Courthouse News Service

Pump and Dump

The SEC accused Douglas Leighton, 51, of Boston, Bass Point Capital, Azure Capital Corp. and six other people of defrauding investors of $3.2 million in a pump-and-dump scheme involving a cannabis start-up company called MassRoots, in federal court.

BOSTON — The SEC brought a federal complaint accusing Douglas Leighton, 51, of Boston; Bass Point Capital; Azure Capital Corp. and six other people of defrauding investors of $3.2 million in a pump-and-dump scheme involving a cannabis start-up company called MassRoots.

Categories / Securities

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