Federal Judge Denies Summary Judgment In SEC Pump-And-Dump Enforcement Action

( November 3, 2023, 10:43 AM EDT) -- NEW YORK — A federal judge in New York denied a motion for summary judgment filed by the two remaining defendants in an enforcement action brought by the Securities and Exchange Commission against board members and executives of a consumer electronics retail store whom the commission accused of running a pump-and-dump scheme with the company’s own stocks, with the judge finding that there is a dispute of material facts....