MassMutual fined for failing to monitor GameStop saga star [FOX Business Network]
GameStop Corporation (GME)
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Source: FOX Business Network
'The Antisocial Network' author Ben Mezrich on the revolutionary moment a Reddit group realized they had 'an enormous amount of power' in the stock market. Massachusetts regulators are fining MassMutual $4 million and ordering it to overhaul its social media policies after accusing the company of failing to supervise an employee whose online cheerleading of GameStop's stock helped launch the frenzy that shook Wall Street earlier this year. WARREN RIPS SEC AMID GAMESTOP SURGE, PUSHES FOR STRICTER WALL STREET REGULATION The settlement announced Thursday by Secretary of the Commonwealth William Galvin centers on the actions of Keith Gill , who was an employee at a MassMutual subsidiary from April 2019 until January 2021. His tenure ended as GameStop's stock price suddenly soared nearly 800% in a week, as hordes of smaller-pocketed and novice investors piled in, to the shock and awe of professionals. Gill's job at MassMutual was to create educational materials for current and pot
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GME
Earnings
- 3/26/24 - Miss
GME
Sec Filings
- 4/25/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 144
- GME's page on the SEC website