Gamestop Investor Retracts Suit Accusing Roaring Kitty Of Pump-and-dump Scheme

Ashley Belanger, Ars Technica
Mon, 07/01/2024 - 2:18pm

Enlarge (credit: jetcityimage | iStock Editorial / Getty Images Plus) Keith Gill—the meme stock influencer known as "Roaring Kitty" and "DeepF—Value" who has rallied millions on X and Reddit behind GameStop—briefly faced a lawsuit claiming that he knowingly deceived his loyal followers to reap millions of dollars in gains. The lawsuit was voluntarily dismissed by the plaintiff, Martin Radev, on July 1. The proposed class action was filed Friday by Radev, a GameStop investor who accused Gill of a "pump-and-dump scheme" that allegedly artificially rose prices of GameStop securities between May 13 and June 13.

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Gamestop Investor Retracts Suit Accusing Roaring Kitty Of Pump-and-dump Scheme

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