11th Circuit Hears Appeal in Stock Fraud Scheme Targeting Vulnerable Investors

Three defendants found guilty in a stock telemarketing scheme that bilked 700 investors urged an 11th Circuit panel Tuesday to overturn their convictions on the grounds that prosecutors at trial improperly decried jury instructions and brought up irrelevant claims of marijuana dealing.

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Texas Launches Probe Into Online Brokers’ Halt of GameStop Trading

Regulators stepped into the frenzied rally of shares in video game retailer GameStop on Friday, with Texas launching a civil investigation into stock brokerage app Robinhood and hedge fund Citadel over a halt in the buying of shares while the U.S. Securities and Exchange Commission hinted at launching its own investigation.

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