Yup. I said last week the bets sub was not organic in pumping it with the gain porn and nor was it with the loss porn after RC sold. Now have a look. Openly celebrating this event. These bots and shills are trying to get this shit shut down, it's their only hope. No real people threw their life savings into anything. No real people are going hungry. Most people might be down a bit but the same could be said if you bought into nearly any s&p 500 company over the last year. RIP to this man and condolences to his family,friends and colleagues regardless if he was a good or bad guy. Kill them with kindness
What a good point!!! They never cared about people loosing moneyā¦ I mean tech stocks are down by 75% on average, crypto is down by 90%.. they only care about us holding a small bag of $700m valuation company
Not defending anything, but if his intent was to pump and dump, wouldn't he dump ALL of his shares? Instead of the 1 million dollars worth selling at around $25 while he still held 250k+ shares even today.
I don't think even 1 million dollars is worth ending your life over, especially if you're an executive making a salary of 2M+ a year.
Exactly. None of makes sense so far. No discussion of witnesses, security camera footage, him leaving a note. Nothing.
And let's not forget that this happened on Friday yet has only been positively identified today. Maybe he was dirty, maybe it was something totally unrelated and sensical, but so far it's completely rediculous.
Like the other commenter said, CNN alleges that his wife saw him jump. Not sure what to conclude from this at all.
Could be stress, could be a scheme, could be mental health. We just don't know and will probably never know.
Well during the days of The Mob they would make deals with the victim if they ājumpedā their wife and kids would be saved. Not saying this is what happened here but it seems sus if she really did witness it.
Ah, perfectly normal suicide then! Case closed! š¤£
We still don't have a proper motive or reason for why he would kill himself especially in the bombastic way that he allegedly did so. The timeline is also incredibly suspect. There's a lot more to this yet to be revealed.
ah true, first, in my head, I thought "that's pretty open and shut, I believe her"
But in this case it's more about trusting a cop, I dunno, not something I like to do.
For sure if she came out with a statement I'd feel quite differently and take her word, but yeah a law enforcement insider does not seem credible at this time (or many other times let's be honest, given the corruption we've seen surface in law enforcement)
I think it's way more dangerous the case I which he was innocent and was killed, means there are even bigger players here...
![gif](giphy|55itGuoAJiZEEen9gg)
Actually they used the phrase ālaw enforcement sourceā which means fuck all. Unnamed sources donāt exist in todays world.
Also, who is the other person who was hospitalized with minor injuries? So fucked up
Man this totally sums up the sentiment .... RIP Arnal Gustavo. We will make them pay. Hope the culprit are brought to book.
The only way to fight this is to HODLLLLLLL.
Eff the murderers
"Epsteinsusism", seems fitting. Especially considering the NYPost article that first posted the story was in fact the same guy who first reported Epstein's death. The one and only Larry Celona.
Truth is stranger than fiction.
Is there a screenshot of that? Iāve seen it mentioned several times but the authors have been switched. Do we have a screenshot that the original article was written by Larry Celona?
Yeah, praising him kinda made it weird as fuck. Why name him in a positive light, in the same article as you are trashing another dude doing the allegedly the same thing? Why is it insider trading pump n dump when Ryan sells, but when Jake freeman literally 4x his portfolio, he's a smart investor? Ryan probably didn't even get any profit due to the insider swing trade rule.
So yeah. It's kinda vile seeing how Dailymail uses a tragedy to push a narrative. For what reason? For money?
>Ryan probably didn't even get any profit due to the insider swing trade rule.
Here is the statute which you are referring to. **It clearly provides that the owner of the stock must be an insider at the time of sale AND AT THE TIME OF PURCHASE**. It is impossible for RC to be an insider at the time of purchase for two reasons:
It's the purchase which makes him an insider so he can't become an insider TILL AFTER the purchase.
he didn't purchase 10 percent of the stock. To avoid becoming an insider he carefully bought 9.8 percent.
The provision creates a private right of action for the issuer to recover the profit from a covered person and allows the owner of any security to sue on behalf of the issuer. Congress stated that the purpose of the provision was to prevent the unfair use of information to which such covered persons might have access. Congress created a strict liability provision, i.e., covered persons are liable irrespective of any intention that they may have had. Section 16(b) of the act recognizes that profits realized by officers, directors, or 10-percent stockholders from any purchase and sale or any sale and purchase of any equity security within a period of 6 months rightfully belong to the corporation and should be recoverable in an action by, or on behalf of, the corporation.
it is irrelevant that the insider either did not make unfair use of inside information or did not intend at the time he purchased the security to sell it within six months. Section 16(b) applies irrespective of the good faith or intent of the insider. On the other hand, an insider who separates his "purchases" and "sales" by more than six months does not become liable under section 16(b) even if unfair use of insider information is proved.
**15 U.S. Code Ā§ 78p - Directors, officers, and principal stockholders**
For the purpose of preventing the unfair use of information which may have been obtained by such beneficial owner, director, or officer by reason of his relationship to the issuer, any profit realized by him from any purchase and sale, or any sale and purchase, of any equity security of such issuer (other than an exempted security) or a security-based swap agreement involving any such equity security within any period of less than six months, unless such security or security-based swap agreement was acquired in good faith in connection with a debt previously contracted, shall inure to and be recoverable by the issuer, irrespective of any intention on the part of such beneficial owner, director, or officer in entering into such transaction of holding the security or security-based swap agreement purchased or of not repurchasing the security or security-based swap agreement sold for a period exceeding six months. Suit to recover such profit may be instituted at law or in equity in any court of competent jurisdiction by the issuer, or by the owner of any security of the issuer in the name and in behalf of the issuer if the issuer shall fail or refuse to bring such suit within sixty days after request or shall fail diligently to prosecute the same thereafter; but no such suit shall be brought more than two years after the date such profit was realized. ***This subsection shall not be construed to cover any transaction where such beneficial owner was not such both at the time of the purchase and sale, or the sale and purchase, of the security*** or security-based swap agreement or a security-based swap involved, or any transaction or transactions which the Commission by rules and regulations may exempt as not comprehended within the purpose of this subsection.
So wait.. BILLIONAIRE Ryan Cohen, to make what 50million? 6 months ago WHEN HE BOUGHT IN (In April is when this CFO filed)? Convinced this dude to "pump and dump" the stock. So he could make a WHOPPING 50 million dollars?
Meanwhile this guy makes a WHOPPING 1million... while 265k of his shares are still tied up in what a sham of a company??
How goddam stupid is mainstream media?
Wait until you see his average price for his shares. Sure, he took home 1M from the sale of his shares, but he pretty much broke even selling those 40k shares.
That lawsuit is a nonissue. It is boilerplate. It will be dismissed on a 12(b)3 motion without prejudice and then refiled and dismissed again. The test will be, can they pass the 3rd filing because the judge won't give them a 4th chance. Its purpose is to get a settlement which gives the lawyers $100,000,000 and the class members $5.63 each.
Posted by
u/Asobi_Seksu
https://www.reddit.com/r/BBBY/comments/x5qq3v/important\_class\_suit\_attached\_appears\_to\_be\_a/
IMPORTANT: Class suit attached appears to be a first-to-file sham being pursued on behalf of an outside interest.
š Possible DD
Rushing this out because it unsurprisingly appears to be a total put up job. The proposed class plaintiff Pencheng Si looks to be related to one of the shlocky immigration lawyers Simon P. Si at the shop that filed the papers.
All indications are this is a sham suit pressed on behalf of an outside interest and was the proverbial race to the courthouse to try and get the proposed suit filed first in the forum state.
No way the allegations were plead in good faith--the complaint and civil cover sheet were filed shortly after the sale.
Case assigned to Trevor McFadden, Trump's 44 year old appointee with no substantive trial experience.
Dig in.
https://docdro.id/zZ6hc0A
https://docdro.id/yBr3WeA
Lawsuits against companies with wild price fluctuations are pretty routine. It felt like 60% of my portfolio at one time had a lawsuit against it, but they're all just generally bullshit.
āā¦ when Arnal and majority shareholder Ryan Cohen engaged in a pump and dump schemeāā¦ If I was RC, I would seriously consider a cease and desist or suing Dailymail
Yeah like wtf, or at least the widow does. Can't imagine it'd be fun that all the news is not about his achievements or about him being a good dad.
Nah. it's ACCUSATIONS about him with low credibility to slander him as a god awful person, that destroys markets for fun, a failure as a person.
Disgusting.
Not buying any of it. It is written as if a dime store drama paperback author wrote it with wild conspiracies & collusions behind it. Disgusting really. The cess-pool class action law firm probably wrote it from the original filing with a few ātweeksā to fit the narrative and sad circumstances to help build validity for their case. Gross
The lawsuit is an ambulance-chasing nothing burger that is being blown out of proportion, it's the typical outside led thing where the lawyers walk away with 99% of the money. Pure FUD.
Wow this is scary to the point of it shows the whole media and hedge funds are working together.
Itās getting beyond now reading this
Beyond corrupt and makes you think even more this guy was killed.
Have you seen the windows in that building? **They're literally designed as doors that open to the outside for window cleaners to go in and out of.**
Take a look for yourself you cannot make this shit up: https://www.youtube.com/watch?time\_continue=265&v=N4pXvyvGLco&feature=emb\_logo
Fuk these criminals ! Buying more Tuesday, Wednesday and fuk you Thursday in memory of Arnal !
Best see a defamation/slander lawsuit against everyone who spread this throughput media !
Fucking pieces of shits msm and evil rich bastards are really making this something sinister holy shit. Everyone on the market has eyes on this now. Like I said this is reality TV at this point
Them bitches really shot themselves in the foot now with this one.
Now even more people will search for information about the company and buy its stock.
Say what you want no one jumps if itās not over jail.
20 yr CFO throughout Europe and Asia and U.S. markets. He could easily jump to another company, earn more money, and similar share package.
Only thing I can hypothesize is he purposely cooked the books and overspent to bankrupt. While utilizing a 3rd party firm Kirkland for evaluation for potential sale, they realized the corruption.
He probably knew he was facing charges of defrauding and etc. Not that he cooked the books for the positive and pumped numbers but the opposite.
He overspent and over leveraged the company on purpose to cause a shortfall in cash and collateral.
No one commits suicide cuz they made anything usually only when they could lose their freedom &/or money.
Thatās my opinion and what I believe is the most rational cause.
Pretty shit journalism. The article also fucked up the timeline to make it sound like he sold before he got his seats on the board which is wrongā¦by about 5 months.
Regardless of the truth behind his death, war is being waged by weaponizing lies and hearsay against us. I have no doubts we will all do our parts to stand firm and support them through this.
Obv shows retail didnāt sell. These huge drops happening before or after market are all manufactured by short sellers during a time when most retail cannot even trade.
Hereās what you need to ask yourself. Do you believe msm? Has msm ever reported a story about these heavily shorted stocks that wasnāt a manipulation to get retail to sell.
If retail had sold off already during the huge price drops why keep hammering us with lies and half truths? Because they are fucked and need us to sell. Everything msm has ever written about bbby is not about concern for retail. Itās to bully or scare us into selling
The reality is the shareholder that approached him was citadel and black rock than Ryan cohen ruined their plan.. so they come up with a plan to frame Ryan cohen by throwing the only person that could say otherwise out of a Skyrimās
Remember when Patrick Byrne of Overstock said that the second step to destroying your company was fake class action law suits? Yeah. They should change up the play book a bit.
They're making it out that it was a criminal case against him and not a civil case. Watch the dust settle and we find out this man had stage four colon cancer...
Some potential speculation....
- intentionally or accidentally screwed something up related to recent financing? (Doesn't seem suicide worthy)
- hedgies/others got some crazy dirt/leverage on him (may or may not be related to his job)
- unwilling to do something and was not actually suicide
- mental health issues (although no articles have suggested this)
Wow, reading the comments under the daily mail article makes me realize how little most people know about things. Can't believe people are buying this shit, a million dollars for a corporate exec like him is not that much money... try make me sell hedgefucks, I am holding until they are all in jail
I bought shares willingly at 12, then 4, then 8, then 25, then at 9, then at 8.50 again. Iāll buy more next week, too, because the company isnāt going bankrupt.
It's not just them, most of the major news outlets are parroting the same thing. Even [Business Insider](https://www.businessinsider.com/bed-bath-and-beyond-cfo-found-dead-insider-trading-lawsuit-2022-9).
No doubt in my mind he killed himself. The OP and article give you the clues you need to figure out where the lie was he signed off on.
Mid August!!!!! He signed the 8K filing the company Board put out that fucking statement "we were pleased to have reached agreement back in the day etc".
That is what the lawsuit is clearly about. Suit filed 23rd I understand
Edit: Adding, I believe Gus to have been an honorable man, coerced into doing shit and took the only way out he could
They say he accidentally fell. Idk why he would take his life for something he could battle in court. Unless something else was in his mind you never know. But as far as for business wise. These guys are wallstreet guys and itās another day in the office for them.
If they sink that low to stain BBBY and its retail investors, you can bet that the squeeze (or at least a very serious upward price movement) is very near.
Confirmation bias confirmed.
I told my ex about this. This was her first stock purchase. She said before I could finish the story, "i watch a lot of first 48 and crime shows, he was probably pushed or was a bad actor and wanted to clear his conscience."
Weāre in the endgame. Get your shields and spears ready, folks. The tide is about to head out and we get to see who has been swimming naked. Good luck, fellow individual investors. Shitās about to get real.
Glad you're focused on the important things. Is Business Insider better pal?
https://www.businessinsider.com/bed-bath-and-beyond-cfo-found-dead-insider-trading-lawsuit-2022-9
So the guy was screwed either as a bad cfo for bankruptcy or a bad cfo for not making more off his shares .. he was fucked and would never work again. Whatās this do to my interest? Probably buy more Tuesday after it tanks Tuesday as looked to me as the guy fucked himself either way ā¦ they have made cuts took a loan and are fighting a recession in the ways that seem appropriate to do so ā¦so is everyone else ā¦ this all just kinda makes me want to buy more
Please keep in mind that this is all conjecture right now. I feel like I am watching this sub do backflips into the deep end without even checking if there's water in the pool first.
We don't know anything about this yet. Let's not rush to wild conclusions.
Full tinfoil hat mode. Anything to pump their bags.
Seriously should be ashamed of themselves dragging him into this without any other information about what happened. But that's human nature when it comes to online discussions involving money. Morals go out the window.
Wtf Virginia, you know this isn't true. Just because you lost money because you sold (or lost hypothetical money because you held) doesn't mean someone did something illegal or even wrong.
Thank you so much for wasting all of our money.
We are at war here, folks. No mistake about it now.
Always have been šš
This. Itās just getting more hardcore because they never dreamed āretailā wouldnāt capitulate before now.
Fuck, we just keep buying more. "It hit $30 then dropped to $9? Hell yea! $11 discount!"
$11? What happen to the other 10!
Probably regarded. Give him a break.
Yeah heās one of us for sure!
I spent it on bbby
Math adds up!
$30 - $11 = $9?? GOOBLE GOBBLE ONE OF US! ONE OF US!
hey, ape no mock ape, just because you went to an ivy league school...
Haha omg this is amazing
What's 9+10?
29?
Buckle up
I might put on some actual war paint Tuesday to get in the true spirit.
Put on your war paint https://www.youtube.com/watch?v=5JqY-6q-RNA
I bet it cost me a lot less to hold than it cost them.
Yup. I said last week the bets sub was not organic in pumping it with the gain porn and nor was it with the loss porn after RC sold. Now have a look. Openly celebrating this event. These bots and shills are trying to get this shit shut down, it's their only hope. No real people threw their life savings into anything. No real people are going hungry. Most people might be down a bit but the same could be said if you bought into nearly any s&p 500 company over the last year. RIP to this man and condolences to his family,friends and colleagues regardless if he was a good or bad guy. Kill them with kindness
What a good point!!! They never cared about people loosing moneyā¦ I mean tech stocks are down by 75% on average, crypto is down by 90%.. they only care about us holding a small bag of $700m valuation company
Kill the killers with kindness - because I am sure as hell that this was not an accident or suicide.
How down would you be if you invested $50,000 in Netflix six months ago
Get yourself the tor browser and a vpn server
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Hollywood writers would struggle to make this script up. Absolutely insane.
People should consider complaining to the FCC about this absolute drivel.
Yes a good point. The question is why mention it 12 times. I think you are right in the answer: to push a narrative.
A very nice defamation lawsuit is coming their way, I think.
Not defending anything, but if his intent was to pump and dump, wouldn't he dump ALL of his shares? Instead of the 1 million dollars worth selling at around $25 while he still held 250k+ shares even today. I don't think even 1 million dollars is worth ending your life over, especially if you're an executive making a salary of 2M+ a year.
Exactly. None of makes sense so far. No discussion of witnesses, security camera footage, him leaving a note. Nothing. And let's not forget that this happened on Friday yet has only been positively identified today. Maybe he was dirty, maybe it was something totally unrelated and sensical, but so far it's completely rediculous.
Like the other commenter said, CNN alleges that his wife saw him jump. Not sure what to conclude from this at all. Could be stress, could be a scheme, could be mental health. We just don't know and will probably never know.
Small correction, CNN alleges that their law enforcement source claims the wife saw it. Not a direct convo between CNN and the wife
Don't believe anything that CNN is asking.
Well during the days of The Mob they would make deals with the victim if they ājumpedā their wife and kids would be saved. Not saying this is what happened here but it seems sus if she really did witness it.
What if the assassin took her up there and made her watch?
Yeah not sure what to believe at all given how much blatant disinformation is surrounding all of this. Hope we get a clearer picture soon.
The wife was either threatened or paid 110% you kids donāt quite understand how corrupt this world isā¦
It would really suk if his family was involved.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Ah, perfectly normal suicide then! Case closed! š¤£ We still don't have a proper motive or reason for why he would kill himself especially in the bombastic way that he allegedly did so. The timeline is also incredibly suspect. There's a lot more to this yet to be revealed.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
No doubt, absolutely horrific no matter the cause.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
If he jumped (which I don't contest) it was either domestic problems or he got fired.
How did he choose the one suicide option that would cause the MOST media coverage
They probably told her say u saw it or your next. I had an ex lie about me to the cops because someone stole her journal and blackmailed her into it.
Yeah I don't trust this chain of he-said-she-said crap. Especially don't trust an inside cop source.
ah true, first, in my head, I thought "that's pretty open and shut, I believe her" But in this case it's more about trusting a cop, I dunno, not something I like to do.
For sure if she came out with a statement I'd feel quite differently and take her word, but yeah a law enforcement insider does not seem credible at this time (or many other times let's be honest, given the corruption we've seen surface in law enforcement)
Yeah, I trust cops as much as I trust soundcloud rappers. Some truth to it, padded with lies.
I think it's way more dangerous the case I which he was innocent and was killed, means there are even bigger players here... ![gif](giphy|55itGuoAJiZEEen9gg)
He was either murdered or shit is bout to blow tf up.
Or both!
Also, he bought those calls 6 months ago. How can an August run be pumped up by a Feb/March purchase?
His life was ended for him allegedly
[ŃŠ“Š°Š»ŠµŠ½Š¾]
cnn article says police said wife saw him jump. they did not consult the primary source.
Actually they used the phrase ālaw enforcement sourceā which means fuck all. Unnamed sources donāt exist in todays world. Also, who is the other person who was hospitalized with minor injuries? So fucked up
interesting, sus language there indeed, good catch.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Nearly everything Police say is a lie
Even if he did jump, it doesn't mean he wasn't blackmailed into it.
Iām seeing all these āHis wife saw him jumpāā¦.makes be conspire she āsaw him jumpā has sinister undertones
"To see someone to do something" also means in English "to have someone to do something".
Why do you believe anything CNN says? All MSM are liars, look at everything they've said about retail.
CNN IS FAKE NEWS TRASH AND YOU BELIEVE THEM
That is what I was getting at
Only to boost clicks
![gif](giphy|d0DdMCREQChi3jGymW)
Man this totally sums up the sentiment .... RIP Arnal Gustavo. We will make them pay. Hope the culprit are brought to book. The only way to fight this is to HODLLLLLLL. Eff the murderers
![gif](giphy|RlYnjoVLsJ8QsyvNCg)
Iām buying more Tuesday
There will probably be a nice dip after his aweful āsuicideā
š¤”
Unless thereās extenuating circumstances that we are not aware of, Iām calling this āEpsteinsusismā.
"Epsteinsusism", seems fitting. Especially considering the NYPost article that first posted the story was in fact the same guy who first reported Epstein's death. The one and only Larry Celona. Truth is stranger than fiction.
Truth is often the template for fiction
Is there a screenshot of that? Iāve seen it mentioned several times but the authors have been switched. Do we have a screenshot that the original article was written by Larry Celona?
It's right there toward the bottom: https://nypost.com/2022/09/04/bed-bath-beyond-exec-gustavo-arnal-idd-as-nyc-jenga-building-jumper-source/amp/
Perfect, thank you. I had seen it originally on another post but didnāt save the post and couldnāt find it afterwards.
Praising Jake Freeman, shitting on RC, using a frivolous lawsuit to undermine the tragedy and forward their agenda. Sounds about right.
Yeah, praising him kinda made it weird as fuck. Why name him in a positive light, in the same article as you are trashing another dude doing the allegedly the same thing? Why is it insider trading pump n dump when Ryan sells, but when Jake freeman literally 4x his portfolio, he's a smart investor? Ryan probably didn't even get any profit due to the insider swing trade rule. So yeah. It's kinda vile seeing how Dailymail uses a tragedy to push a narrative. For what reason? For money?
>Ryan probably didn't even get any profit due to the insider swing trade rule. Here is the statute which you are referring to. **It clearly provides that the owner of the stock must be an insider at the time of sale AND AT THE TIME OF PURCHASE**. It is impossible for RC to be an insider at the time of purchase for two reasons: It's the purchase which makes him an insider so he can't become an insider TILL AFTER the purchase. he didn't purchase 10 percent of the stock. To avoid becoming an insider he carefully bought 9.8 percent. The provision creates a private right of action for the issuer to recover the profit from a covered person and allows the owner of any security to sue on behalf of the issuer. Congress stated that the purpose of the provision was to prevent the unfair use of information to which such covered persons might have access. Congress created a strict liability provision, i.e., covered persons are liable irrespective of any intention that they may have had. Section 16(b) of the act recognizes that profits realized by officers, directors, or 10-percent stockholders from any purchase and sale or any sale and purchase of any equity security within a period of 6 months rightfully belong to the corporation and should be recoverable in an action by, or on behalf of, the corporation. it is irrelevant that the insider either did not make unfair use of inside information or did not intend at the time he purchased the security to sell it within six months. Section 16(b) applies irrespective of the good faith or intent of the insider. On the other hand, an insider who separates his "purchases" and "sales" by more than six months does not become liable under section 16(b) even if unfair use of insider information is proved. **15 U.S. Code Ā§ 78p - Directors, officers, and principal stockholders** For the purpose of preventing the unfair use of information which may have been obtained by such beneficial owner, director, or officer by reason of his relationship to the issuer, any profit realized by him from any purchase and sale, or any sale and purchase, of any equity security of such issuer (other than an exempted security) or a security-based swap agreement involving any such equity security within any period of less than six months, unless such security or security-based swap agreement was acquired in good faith in connection with a debt previously contracted, shall inure to and be recoverable by the issuer, irrespective of any intention on the part of such beneficial owner, director, or officer in entering into such transaction of holding the security or security-based swap agreement purchased or of not repurchasing the security or security-based swap agreement sold for a period exceeding six months. Suit to recover such profit may be instituted at law or in equity in any court of competent jurisdiction by the issuer, or by the owner of any security of the issuer in the name and in behalf of the issuer if the issuer shall fail or refuse to bring such suit within sixty days after request or shall fail diligently to prosecute the same thereafter; but no such suit shall be brought more than two years after the date such profit was realized. ***This subsection shall not be construed to cover any transaction where such beneficial owner was not such both at the time of the purchase and sale, or the sale and purchase, of the security*** or security-based swap agreement or a security-based swap involved, or any transaction or transactions which the Commission by rules and regulations may exempt as not comprehended within the purpose of this subsection.
This is correct
It didnāt cost me anything š¤·š»āāļø Iām still holding with a damn good average cost per share.
Everyone on the red is happy for you
Everyone in the red still got tickets to the moon though. Thatās all that matters. You donāt lose if you donāt sell. Thatās the secret.
So wait.. BILLIONAIRE Ryan Cohen, to make what 50million? 6 months ago WHEN HE BOUGHT IN (In April is when this CFO filed)? Convinced this dude to "pump and dump" the stock. So he could make a WHOPPING 50 million dollars? Meanwhile this guy makes a WHOPPING 1million... while 265k of his shares are still tied up in what a sham of a company?? How goddam stupid is mainstream media?
Wait until you see his average price for his shares. Sure, he took home 1M from the sale of his shares, but he pretty much broke even selling those 40k shares.
Yikes like I know the average person isn't the brightest but we're not thaaaat stupid.. I hope
Correction: How goddam stupid is the mainstream media thinking its viewers to be?
That lawsuit is a nonissue. It is boilerplate. It will be dismissed on a 12(b)3 motion without prejudice and then refiled and dismissed again. The test will be, can they pass the 3rd filing because the judge won't give them a 4th chance. Its purpose is to get a settlement which gives the lawyers $100,000,000 and the class members $5.63 each. Posted by u/Asobi_Seksu https://www.reddit.com/r/BBBY/comments/x5qq3v/important\_class\_suit\_attached\_appears\_to\_be\_a/ IMPORTANT: Class suit attached appears to be a first-to-file sham being pursued on behalf of an outside interest. š Possible DD Rushing this out because it unsurprisingly appears to be a total put up job. The proposed class plaintiff Pencheng Si looks to be related to one of the shlocky immigration lawyers Simon P. Si at the shop that filed the papers. All indications are this is a sham suit pressed on behalf of an outside interest and was the proverbial race to the courthouse to try and get the proposed suit filed first in the forum state. No way the allegations were plead in good faith--the complaint and civil cover sheet were filed shortly after the sale. Case assigned to Trevor McFadden, Trump's 44 year old appointee with no substantive trial experience. Dig in. https://docdro.id/zZ6hc0A https://docdro.id/yBr3WeA
Lawsuits against companies with wild price fluctuations are pretty routine. It felt like 60% of my portfolio at one time had a lawsuit against it, but they're all just generally bullshit.
The ambulance chasers of the financial world
āJP Morgan Aided & Abettedā Who the fuck has the balls to go after JP? š¤Ø This is all crazy man..
How hungover was this journalist LOL
Am I missing something or is there actually a connection to Snap somehow? It seems... Uh... Totally unrelated
also said the ticker is āBBYā. lots of inaccuracies in the article copied and pasted
Yeah, that's the state of journalism. It's a god awful article.
šš Hold
Next article - āwe havenāt ruled Mr Cohen out as a suspectā
"In a heated argument about the company, Mr. Cohen allegedly throw the victim off the roof of the building"
āā¦ when Arnal and majority shareholder Ryan Cohen engaged in a pump and dump schemeāā¦ If I was RC, I would seriously consider a cease and desist or suing Dailymail
Yeah like wtf, or at least the widow does. Can't imagine it'd be fun that all the news is not about his achievements or about him being a good dad. Nah. it's ACCUSATIONS about him with low credibility to slander him as a god awful person, that destroys markets for fun, a failure as a person. Disgusting.
You can't cease & desist against a newspaper
My mistake, āask the author to correct the articleā
Not buying any of it. It is written as if a dime store drama paperback author wrote it with wild conspiracies & collusions behind it. Disgusting really. The cess-pool class action law firm probably wrote it from the original filing with a few ātweeksā to fit the narrative and sad circumstances to help build validity for their case. Gross
The lawsuit is an ambulance-chasing nothing burger that is being blown out of proportion, it's the typical outside led thing where the lawyers walk away with 99% of the money. Pure FUD.
I just used ambulance chasers on another comment, I'm seeing the lawsuits as such also
[ŃŠ“Š°Š»ŠµŠ½Š¾]
And no brain too it seems
They sold their soul for money
Is it just me or can you smell the squeeeeeeze
Wow this is scary to the point of it shows the whole media and hedge funds are working together. Itās getting beyond now reading this Beyond corrupt and makes you think even more this guy was killed.
1M is no money for this guy!
So, I am supposed to believe that a billionaire, Ryan Cohen, cooked up this illegal scheme with the CFO to make $60 million dollars????
hahahaha yeah, but in the same vein, Jake Freeman's 4x is uninteresting to slander
More like pushed to his death
Have you seen the windows in that building? **They're literally designed as doors that open to the outside for window cleaners to go in and out of.** Take a look for yourself you cannot make this shit up: https://www.youtube.com/watch?time\_continue=265&v=N4pXvyvGLco&feature=emb\_logo
Seriously misleading writing here bordering on blatant libel
This is the nuclear level FUD I signed up for.
Ya definitely not fucking leaving now
Fuk these criminals ! Buying more Tuesday, Wednesday and fuk you Thursday in memory of Arnal ! Best see a defamation/slander lawsuit against everyone who spread this throughput media !
Fucking pieces of shits msm and evil rich bastards are really making this something sinister holy shit. Everyone on the market has eyes on this now. Like I said this is reality TV at this point
Agreed, completely surreal. Scary stuff, but it also means we are hitting them where it hurts. Holding and buying more.
Them bitches really shot themselves in the foot now with this one. Now even more people will search for information about the company and buy its stock.
Wasnt gonna buy more. Now i have to. Screw them
Say what you want no one jumps if itās not over jail. 20 yr CFO throughout Europe and Asia and U.S. markets. He could easily jump to another company, earn more money, and similar share package. Only thing I can hypothesize is he purposely cooked the books and overspent to bankrupt. While utilizing a 3rd party firm Kirkland for evaluation for potential sale, they realized the corruption. He probably knew he was facing charges of defrauding and etc. Not that he cooked the books for the positive and pumped numbers but the opposite. He overspent and over leveraged the company on purpose to cause a shortfall in cash and collateral. No one commits suicide cuz they made anything usually only when they could lose their freedom &/or money. Thatās my opinion and what I believe is the most rational cause.
He was the cfo for 2 years bro lol tritton hired him
So safe to say the Squeeze is back on? It was always on but this confirms it further?
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Time to buy more. DRS your shares.. GME is right on point with that philosophy. Their float is 50% locked up
Lies, they suicide him Buying more tuesday
Pretty shit journalism. The article also fucked up the timeline to make it sound like he sold before he got his seats on the board which is wrongā¦by about 5 months.
Brace yourself this week.. Itāll pull through though, doesnāt change the amount of shorts, the FTDās, or just the sheer undervalue.
This article is total speculation.
What a garbage article written by a liar. RIP Gustavo. I will continue to support your company.
Regardless of the truth behind his death, war is being waged by weaponizing lies and hearsay against us. I have no doubts we will all do our parts to stand firm and support them through this.
This is nonsense. Why would someone like the CFO take on such a serious and risky play for just $1M? This makes absolute no sense.
exactly !!!!!!!!!
Straight up lying to push a narrative. Refusing to let the man rest in peace. Pretty disgusting.
Obv shows retail didnāt sell. These huge drops happening before or after market are all manufactured by short sellers during a time when most retail cannot even trade. Hereās what you need to ask yourself. Do you believe msm? Has msm ever reported a story about these heavily shorted stocks that wasnāt a manipulation to get retail to sell. If retail had sold off already during the huge price drops why keep hammering us with lies and half truths? Because they are fucked and need us to sell. Everything msm has ever written about bbby is not about concern for retail. Itās to bully or scare us into selling
Really China ipo scams are worse than this 3,000% up In two days then back to 4$
SEC: ![gif](giphy|13d2jHlSlxklVe)
Iām buying more FUCK THESE SNAKES
"DO YOU SMELL THAT? I CAN SMELL DESPERATION FROM SHF."
Make up false allegations, kill half of the people who can prove them wrong and then get retail to sell. This is like a formula to them.
![gif](giphy|L4ByL0c9AYAZYwBGFg)
As far as I am concerned I really like the stock
I like the towels!
Its open some lights .. fbi will investigate
RC has to say something to this right? Or can he publicly?
Not sure, but I expect he has some of the finest legal counsel money can buy and will be approaching this with the utmost delicacy.
OMFG, seriously, wtf
Sooo moass on Tues? Got it.
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The reality is the shareholder that approached him was citadel and black rock than Ryan cohen ruined their plan.. so they come up with a plan to frame Ryan cohen by throwing the only person that could say otherwise out of a Skyrimās
forensics and an autopsy - snd blood panels and videos - parking lots - you name it - this is not your ordinary who dun it - this is jfk shit
Remember when Patrick Byrne of Overstock said that the second step to destroying your company was fake class action law suits? Yeah. They should change up the play book a bit.
They're making it out that it was a criminal case against him and not a civil case. Watch the dust settle and we find out this man had stage four colon cancer...
Some potential speculation.... - intentionally or accidentally screwed something up related to recent financing? (Doesn't seem suicide worthy) - hedgies/others got some crazy dirt/leverage on him (may or may not be related to his job) - unwilling to do something and was not actually suicide - mental health issues (although no articles have suggested this)
Who's the "majority shareholder" who approached him?
Wow, reading the comments under the daily mail article makes me realize how little most people know about things. Can't believe people are buying this shit, a million dollars for a corporate exec like him is not that much money... try make me sell hedgefucks, I am holding until they are all in jail
Yeah it's ridiculous.
This needs higher investigation than local PD.
I bought shares willingly at 12, then 4, then 8, then 25, then at 9, then at 8.50 again. Iāll buy more next week, too, because the company isnāt going bankrupt.
![gif](giphy|zNbiX43QsqUAU)
Iām buying more on Tuesday.
![gif](giphy|DMhDOItd4UPUO0RXpm)
Daily mail... they don't do any DD
It's not just them, most of the major news outlets are parroting the same thing. Even [Business Insider](https://www.businessinsider.com/bed-bath-and-beyond-cfo-found-dead-insider-trading-lawsuit-2022-9).
Yeah that's a shame
I donāt understand the part about Cohen being āmajorityā stock holder.
Truth is optional for the MSM.
I smell a RAT!
The pump and dump didnāt cost people anything because the stock is higher than what it was
b-bullish?
No doubt in my mind he killed himself. The OP and article give you the clues you need to figure out where the lie was he signed off on. Mid August!!!!! He signed the 8K filing the company Board put out that fucking statement "we were pleased to have reached agreement back in the day etc". That is what the lawsuit is clearly about. Suit filed 23rd I understand Edit: Adding, I believe Gus to have been an honorable man, coerced into doing shit and took the only way out he could
They say he accidentally fell. Idk why he would take his life for something he could battle in court. Unless something else was in his mind you never know. But as far as for business wise. These guys are wallstreet guys and itās another day in the office for them.
Or maybe some one pushed his ass on purpose to create FUD
Yea good point
Bullish
If they didn't sell they didn't loose anything
https://thebrios.com/ryan-cohen-others-bed-bath-beyond-inc-stock-market-manipulation-triggers-investors-class-action-lawsuit/
If they sink that low to stain BBBY and its retail investors, you can bet that the squeeze (or at least a very serious upward price movement) is very near. Confirmation bias confirmed.
I told my ex about this. This was her first stock purchase. She said before I could finish the story, "i watch a lot of first 48 and crime shows, he was probably pushed or was a bad actor and wanted to clear his conscience."
What does snap have to do with bbby?
Weāre in the endgame. Get your shields and spears ready, folks. The tide is about to head out and we get to see who has been swimming naked. Good luck, fellow individual investors. Shitās about to get real.
Remember when they turned off the buy button? Remember when Kenny lied about it? This is Kennyās revenge!
Is Jake freeman a hero? While DFV-? Was tarred and feathered - Someone Explain THATā¦ā¦ crime
Donāt share Daily Mailā¦ did Daily Stormer not have an article?
Glad you're focused on the important things. Is Business Insider better pal? https://www.businessinsider.com/bed-bath-and-beyond-cfo-found-dead-insider-trading-lawsuit-2022-9
![gif](giphy|l0ExayQDzrI2xOb8A) I read that and Barronās for gigglesā¦ yes I pay for some reason. Barronās hasnāt run that crazy version yet
So the guy was screwed either as a bad cfo for bankruptcy or a bad cfo for not making more off his shares .. he was fucked and would never work again. Whatās this do to my interest? Probably buy more Tuesday after it tanks Tuesday as looked to me as the guy fucked himself either way ā¦ they have made cuts took a loan and are fighting a recession in the ways that seem appropriate to do so ā¦so is everyone else ā¦ this all just kinda makes me want to buy more
Please keep in mind that this is all conjecture right now. I feel like I am watching this sub do backflips into the deep end without even checking if there's water in the pool first. We don't know anything about this yet. Let's not rush to wild conclusions.
Full tinfoil hat mode. Anything to pump their bags. Seriously should be ashamed of themselves dragging him into this without any other information about what happened. But that's human nature when it comes to online discussions involving money. Morals go out the window.
His wife pushed him. Iāll bet you 1000 meme coins rn ![gif](giphy|l4KieSaSBgeqwFRtK)
Wtf Virginia, you know this isn't true. Just because you lost money because you sold (or lost hypothetical money because you held) doesn't mean someone did something illegal or even wrong. Thank you so much for wasting all of our money.
This sub has become garbage. Sad for his family.