Willie Gault, the former NFL wide receiver and Olympic sprinter, was accused by U.S. regulators of taking part in a scheme to artificially inflate the stock of a medical-device company that he helped manage. Studio City, California-based Heart Tronics (HRTT) repeatedly announced millions of dollars in fake sales orders for its heart-monitoring devices between 2006 and 2008, the Securities and Exchange Commission said in a complaint filed today at U.S. District Court in California.
Read more: Ex-NFL Star Willie Gault Sued by SEC — Bloomberg News
