SEC Charges Fake Filer With Manipulating Fitbit Stock

The Securities and Exchange Commission today filed fraud charges against a Virginia-based mechanical engineer accused of scheming to manipulate the price of Fitbit stock by making a phony regulatory filing. According to the SEC’s complaint, Robert W. Murray purchased Fitbit call options just minutes before a fake tender offer that…

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Gulf markets firm as OPEC deal lifts state revenue prospects

OPEC deal to cut oil production could allow Gulf governments to ease austerity policies slightly Petrochemicals companies led Gulf stock markets higher on Thursday in response to OPEC’s first agreement on output cuts to prop up oil prices since 2008 – a deal that could allow governments to ease austerity…

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