Tag: Filings

Fraudulent Bankruptcy Filings Reveal Court System’s Loophole – Bloomberg

Even the brief existence of such fake filings can trigger computer-driven court filing scrapers, leaving incorrect impressions on court watchers including Bloomberg News. Both of Johnson’s filings showed up outside of stock market hours, but NerdWallet’s shares still fell for a time when trading opened on Monday. “It’s straight-up a bankruptcy crime,” said Shelley Chapman, a retired bankruptcy judge who…

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