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GameStop Investors Quickly Withdraw ‘Roaring Kitty’ Lawsuit
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A lawsuit targeting Keith Gill, a prominent online investor known as “Roaring Kitty,” for manipulating GameStop stock prices through a “pump and dump” scheme, was withdrawn shortly after being filed.
GameStop shareholder Martin Radev filed the lawsuit Friday on behalf of multiple investors, claiming Gill sought to manipulate the stock for his gain. But a court filing late Monday afternoon showed the plaintiff withdrew the case.
The reasons behind Radev’s decision to drop the lawsuit are unknown. His attorney didn’t return Cryptonews’ request for comment by press time.
Still, the case was dismissed without prejudice, allowing for the possibility of refiling the lawsuit in the future.
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