The SEC is investigating Ryan Cohen’s Bed Bath & Beyond (BBBY) trades. Ryan Cohen took around an 11% stake in BBBY in March 2022. Cohen sold his entire BBBY stake in August 202 for a $60M profit. BBBY collapsed after Cohen’s sale. BBBY investors sued Cohen in 2022, alleging fraud. The lawsuit accuses Cohen of a “pump-and-dump” strategy. Jenny Horne weighs in on this story. Tune in to find out more about the stock market today.
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