Tuesday, October 3, 2023 | Back issues
Courthouse News Service Courthouse News Service

SEC Charges Beverly Hills Short-Seller

LOS ANGELES (CN) - The SEC charged Beverly Hills trader Kenneth Rickel and his company, Lion Gate Capital, with illegal short selling. Rickel allegedly made more than $207,000 by using shares he bought in 14 registered public offering to cover short sales he made in the five days before those offerings were priced - a restricted period.

Categories / Uncategorized

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.