Feds Launch Probe Into Possible Manipulation After GameStop Trading Frenzy

Gamestop frenzy prompts manipulation investigation

American prosecutors and regulators are reportedly investigating whether market manipulation helped to drive the recent wild gyrations in assets of companies such as Gamestop.The video games

GameStop surge reportedly under federal investigation for possible manipulation

Photo by Sean Hollister / The VergeSeveral US government agencies are investigating the GameStop stock brouhaha to determine whether there was market manipulation involved, The Wall Street Journal reported. An enthusiastic group of day traders on Reddit’s r/WallStreetBets board encouraged each other to buy the stock and created what’s known as a short squeeze.The Department of Justice and the San Francisco US attorney are seeking information abo…

US Justice Dept. Probes Fraud Suspicions in GameStop's Rapid Stock Rise

WASHINGTON (Sputnik) - US Department of Justice and California state investigators are probing suspicions that market manipulation and other types of fraud were involved in the rapid rise in value of GameStop and AMC Entertainment shares in January, according to the Wall Street Journal.

Government agencies begin investigating Robinhood, Reddit over GameStop stock

Multiple agencies are reportedly looking into the trading frenzy.

Justice Department opens probe into GameStop trades: report

The Department of Justice has reportedly opened an investigation into whether or not market manipulation was behind the enormous rise in stock value for companies like GameStop and AMC Theatres in January.

Feds Launch Probe Into Possible Manipulation After GameStop Trading Frenzy

Federal prosecutors and regulators are investigating whether "market manipulation or other types of misconduct" led to a meteoric rise in shares of companies such as GameStop and AMC, the Wall Street Journal reported on Thursday. The Justice Department's fraud section and...