4 thoughts on ““Laughing all the way…”

  1. Down2Earth says:

    An executive at Bed Bath & Beyond who jumped 18 stories to his death at the so-called “Jenga” tower in New York City where he lived on Friday, Sept. 2 was facing a $1.2 billion insider trading lawsuit, according to a new report.
    Gustavo Arnal, age 52, was the company’s executive vice president and chief financial officer.
    Arnal was among several defendants named in a complaint alleging a “pump-and-dump” stock fraud scheme, the Daily Mail first reported.
    Bed Bath & Beyond, the lead defendant, allegedly made a “materially false and misleading statement” in a Securities and Exchange Commission (SEC) filing on Thursday, Aug. 18, the report said.
    Two days earlier, Arnal sold 55,013 shares of BBB stock worth over $1 million, according to calculations by Reuters. https://dailyvoice.com/new-york/pelham/news/bed-bath-beyond-exec-faced-12b-insider-trading-lawsuit-when-he-jumped-to-his-death-report/842651/
    The other two defendants named in the lawsuit are prominent $BBBY shareholder Ryan Cohen [Chairman of GameStop] — who is facing scrutiny over trades he recently made — and the retailer’s oft-used banker JP Morgan.

    “It’s not the fall that kills you; it’s the sudden stop at the end.”
    Douglas Adams, The Hitchhiker’s Guide to the Galaxy

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