News for hackers. Stuff that matters.

A comment on Martin Shkreli is found guilty of securities fraud. Parent comment

Re:Martin Shkreli is found guilty of securities fraud by cm2187 on Friday August 04, 2017 @10:46PM (#14933950)
I believe it is the SEC suing him for fraud, not investors trying to recoup losses. If you commit fraud in the financial industry, whether with or without harm, the regulator will come after you.
[ Parent | on HN ]
Re:Martin Shkreli is found guilty of securities fraud by downandout on Saturday August 05, 2017 @01:01AM (#14934308)
SEC can only file civil actions. This is a criminal case, which can only be brought by the DOJ.
[ Parent | on HN ]
Re:Martin Shkreli is found guilty of securities fraud by cm2187 on Saturday August 05, 2017 @01:09AM (#14934329)
Either way. Not investors suing him.
[ Parent | on HN ]
Re:Martin Shkreli is found guilty of securities fraud by keganunderwood on Saturday August 05, 2017 @05:08AM (#14934892)
Interesting point. Never realized the government has a monopoly on bringing criminal charges.
[ Parent | on HN ]