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Browse: Home / 2011 / December / 21 / Ex-NFL Star Willie Gault Sued by SEC

Ex-NFL Star Willie Gault Sued by SEC

By Securities Docket on December 21, 2011, 1:12 pm

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

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Posted in SEC, Top | Tagged Manipulation

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