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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Stock Manipulation

Four people made $34 million by manipulating the stock price of Biozoom, which is not a party to the suit, the SEC claims in a federal complaint.

MANHATTAN — Francisco Abellan Villena and Guillermo Ciupiak, both of Barcelona; James B. Panther Jr. of Carlsbad, Calif., and Faiyaz Dean, of Vancouver, B.C., made $34 million by manipulating the price of (nonparty) Biozoom stock, the SEC claims in a federal complaint.

Categories / Securities

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