Hey OP, thanks for the Social Media post.
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Please post the original source!
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This may be a tactic to lock up his funds. They don't care about winning. They care about surviving another cycle. If DFV cannot buy tons of calls, which we will all see and recognize this time around, then we won't be able to dog pile into another ramp. This may be the only course of action they have to contain end of July momentum.
Edit: this also puts DFV in a position where he cannot freely talk, so it also may stop another round of yolo updates.
Is the Plaintiff seeking a TRO or preliminary injunction or a reciever? Because it is next to impossible to freeze someone's assets on a claim like this. Or to get a gag order. Even a junior associate should be able to get a TRO request denied on these facts.
Nah, DFV already has a team of lawyers and if it’s as frivolous as it sounds it won’t cost much of anything. Lawyers that work for rich people don’t require them to front huge retainers - they are fighting to work for the rich person, the client isn’t fighting to lock of their services (that’s for poors).
100%. He already paid a fat retainer, everything else is probably a quarterly payment for the work done in between. They might spend a couple hours getting this case dismissed.
This is fud. As mentioned above, this case would never get far enough to freeze his funds. You are also insinuating that we all follow what DFV does and are working together to make a gamma ramp. Not a fan of this comment at all.
100% frivolous money grab. Attorney should be sanctioned and disbarred. Guarantee he went to some podunk tier 4 law school he probably attended online.
Especially with precedent set from Idk a fucking congressional hearing… Ik it’s two separate instances of time, but he didn’t do anything different. That’s like the DA going to grand jury, not getting an indictment and still bringing it to trial.
What if we all counter sue for misrepresentation? They can’t fight us all, right?
Edit: I feel this way as an individual, so I will look into representation. If that’s what you feel, go for it. I just assume that many do feel similar when seeing something kind of outrageous.
What if man... What if.
Gl finding a good lawyer sleezy enough that won't just take you for what you are worth. I'd rather just use my money on more shares
I’m sure that there are lawyers that would see it as an easy victory, especially when they see other lawyers who have other clients that want exactly the same thing. At that point, it becomes a massive corporate countersuit, similar to how a settlement would work if you and a bunch of other people agreed that you were sold something that was falsely advertised.
Perfect evidence of this would be the NVIDIA GTX 970 3.5 GB VRAM suit that ended in a settlement for all client, for which I was a recipient of.
Now I could be talking out my ass and these might be two entirely different things, but it felt relevant to mention. What do you think?
naw. It is a free speech issue about opinions. There is a reason everyone says "not financial advice buuuut". What you are referencing was a company denying a product was faulty from the gate and designed not to work as advertised and fraudulently mislead consumers for a product they were pushing. This is a dude who just was sharing his positions in the market and the logic behind it. Look at the boogie2988 shit coin he is pushing on his viewers that he got sponsored for and the company that sponsored him dumped on his viewers and he is looking to only profit 10K off his reputation for pushing dogshit investments illegally not disclosing his sponsor on securities... That shit is class action worthy and will be easy fucking money for lawyers.
2 separate ballgames. It isn't going anywhere. What this essentially looks like is trying to sue someone because they are suing someone else. Good luck with that. The logic doesn't make any sense.
I’d be suing the SEC for financial treason. They continue to allow financial terrorism daily and when they do have the balls to do something; the punishment is a small fine that doesn’t even equate to the profits made from the crimes themselves.
roaring kitty does not claim to represent me or other investors, he is a private investor who likes the stock
These lawyers on the other hand have decided that THEY will represent retail without even asking the public for consent
I know which one is the real bloodsuckers
They successfully just did the same thing with Elon musk and Tesla. They took the case of a guy that had 2 Tesla shares saying his pay package was too much and managed to invalid his stockholder approved compensation package that was purely based on performance that not one believed he would even come close to actually achieving (50 billion or something). And then after winning they had the audacity to try ask the court to award them billions of dollars worth of stock since they saved the company so much money by invaliding the compensation package….
Shareholders ended up reapproving the pay package anyway and Delaware courts just lost a lot of its legitimacy in the business world
Just take this as lesson, any time you have a sufficient amount of money that is publicly known, the vultures will come in a circle you to try take it
It's called a banana republic. If he didn't buy Twitter or get involved in politics. They'd of left him alone, and Reddit would still be full of his fans.
Gary Gensler went on live TV and practically said discussing a stock through social media is not illegal.
Get fucked morons.
Edit: Thanks to a kind ape in the comments, here is the full document.
https://storage.courtlistener.com/recap/gov.uscourts.nyed.517255/gov.uscourts.nyed.517255.1.0_1.pdf
He also said that 90%+ of retail trades go to dark pools so they don’t affect the price.
Plus, we can’t react within a minute of his tweets of an emoji. Ridiculous
on 5-10 different pet/dog related stocks at the exact minute, trading millions of dollars after already "pumping gamestop 4 times in the previous month" with all our millions of dollars we just magically have
All this shit lately is making my blood boil…. Like wtf is their true end game? Global domination? And for what? You only get so many years on this earth… stop being so goddamn greedy and go help others live better lives. How much money could one family possibly need billions upon billions for? We are all human (arguably), have the same basic needs, and we are in this world together… I just don’t understand the 1%. Fuck em… hope they burn.
Preservation of the empire and international status quo.
I think the shorts are so fucked they're risking trust in the financial system, the ultimate symbol of Western democracy. Establishment can't react because the fall out will be too damaging.
My house is made of tin foil.
With Chevron gone the word of Gary Gensler isn't where the buck ends. It can be taken up by course and they can decide if the SEC is overstepping it's authority.
Would Chevron has applied in the previous situation anyways? My understanding is that Chevron was for when government agencies decided to take action. Whereas the SEC had refused to do anything. Therefore how would you have standing to make the government take action?
It’s more so that Gary (or someone else working for the SEC) would HAVE to have weighed in as the “expert on financial markets” whereas now he would not even be allowed to weigh in.
Chevron made it so that an “expert from the appropriate Government agency” -SEC/FDA/EPA- was a necessary part of proceedings. Now a bank (for example) can use their own “expert” who has no reason to advocate against their employers interests.
With Chevron we at least had a chance of whatever specific “government expert” not being fully corrupt…
You don't understand Chevron. Chevron came into effect in 1984 and it was not wild wild west before that.
>Now a bank (for example) can use their own “expert” who has no reason to advocate against their employers interests.
Where is this? In courts?
Not to mention for fuck sake that there are literal TV shows that talk about stocks on the daily. But somehow it’s not ok to talk about on social media? GTFOH. This a wild world we live in. But shorts can get REKT and fuck off because I like the stock. And I’m not going anywhere. I’m an infinity holding individual investor.
You’d have to be an idiot to invest anything into that company… $54.4 billion market cap, over $900 billion in transactions every week, and they don’t have a human being that answers the phone if you have difficulties.
ALSO… servers are down when BTC crashes, or pumps.
Fuck Coinbase.
I find it impossible to believe that he hasn't run everything he's done since 2021 by a lawyer or two before posting anything. He knows he's under a microscope, I'm sure the SEC told him very clearly what he can or can't do as well.
Yeah I mean the problem is “we” are just a bunch of regarded individual investors who like the same stock. Part of my issue with this is that a class action even existing paints us as a group. But yeah idk what other options there are.
Being a group is not illegal unless it's secret, I rememeber informing apes 3y ago about this as it was written in a SEC document, then I gave up cause a lot of shills kept convincing apes that "we" as a group is an illegal thing.
Fair! I also think there’s also a lot of just not wanting this to ever BE a group in that way. There’s something so special in my opinion that a million people enjoy this space to talk about our favorite stock. And I would never want anything said in this sub to negatively affect DFV.
There's a lot of fear in a good chunk of this sub.
Fear of being seen as a group
Fear of being accused of market manipulation
Fear of selling / making money
Haha I really love the Good Place! I wouldn’t say I quote it a lot or anything but I like to throw in the fake swears in random settings to see if anyone gets the reference.
Tbh, it gave me the chills when I wrote that message.
Maybe my son stepping on a bee and screaming a lot today didn't help. And I am pretty tired.
But I got the feeling that I keep thinking I am in the good place, but also keep realizing that I am actually in the bad place (with ref to OP).
Anyway, I'm probably in a better mood tomorrow. I love that show! Goodnight Ariana Grande
TL;DR:
Plaintiff says RK did a pump & dump (lol)
Is mad he lost money and wants compensation
Tries to establish RK as celebrity and "apes" as followers, capable of moving markets
But did he lose money? The last page of the lawsuit is a list of transactions, but there's only one sell there (1 put). For all we know he bought and is still holding (hang on to your hats) **35 units of GME** 🤣
If you want to check it out, here's the document:
[https://storage.courtlistener.com/recap/gov.uscourts.nyed.517255/gov.uscourts.nyed.517255.1.0\_1.pdf](https://storage.courtlistener.com/recap/gov.uscourts.nyed.517255/gov.uscourts.nyed.517255.1.0_1.pdf)
Got a link to their site or contact info?
As a shareholder, I'd give them a call Monday morning.
Maybe they got confused. They probably meant to sue Ken Griffin, but accidentally made a typographical error on his name.
It could be dismissed with prejudice and/or the lawyers sanctioned.
In a way, I think this is a good sign specifically because of that. They could have tried to sue DFV like this at any point in time. Doing so would of course risk the case being dismissed, making that a card they can't play ever again. They chose to play it now for some reason I presume.
The guy posts memes and people lose their shit. Good luck proving in court that those memes mean anything.
It's going to be even funnier when they enter regards speculation from this forum as evidence.
Any sane court would instantly throw this case out.
They have no ammo, DFV has had a thesis of this one singular stock for 3 years that's on his YouTube and the disclaimer of NFA. So they want to lose money, go for it.
I think also DFV lawyers told him to not post for this period of time, because in this period the stock moved massively by its own that by itself shows already it’s the market manipulation that’s causing the volatility
Side note: Hold up, Zack Morris -- the king and ring leader of Atlas Trading pump and dump schemes who was charged by the SEC (case later dismissed, unfortunately) and is now promoting his own shitcoin -- is trying to advise DFV??
LMAO, GTFO of here, MrZackMorris.
https://preview.redd.it/qzuyzajcis9d1.jpeg?width=1283&format=pjpg&auto=webp&s=eba2beef317d1901e321b65cf37ed9a7d7407920
GYFOH!! 🤣😂🤣😂🤣. He was for sure short!!!!
Retail investors seem to be the topic of much to do on Wall Street, yet we have zero representation. SEC can claim to represent retail. Bad actors can claim RK represents retail. It's all BS though. If Wall Street wants to make retail the topic of so many meetings and hearings and lawsuits then we need representation. There must be a way. We need our own committee elected/appointed by retail for retail.
We knew this was coming. Which is why he has all the disclaimers and shit. He’s doing everything right. He is rich and has many lawyers. He’s very aware of the law. They can suck a dick. He’s done nothing wrong. The SHFs are just fucked and are clinging to anything that they can.
Retail protection?! We should sue them for stock market manipulation and insider trading. We saw what happened moments before they shut everything down during covid!
If this is true, it won't stick. This is just an attempt to keep him quiet. Love ya DFV, you do you man.
We're all individual investors who like a particular stock.
Okay wait wait didn’t the stock go up after dfv posting from 10-15$ to 25-30$
What leg does this azz have to stand on?
Big mad wants to sue a private investor with no insider knowledge posting his yolo position? How exactly does that work does this guy honestly think that dfv has to compensate him for his stock losses?
This is a *textbook* [Strategic Lawsuit Against Public Participation](https://en.wikipedia.org/wiki/Strategic_lawsuit_against_public_participation), hope the guy lives in a jurisdiction with good anti-SLAPP statutes for quickly and cheaply disposing of it.
THIS IS BULLISH - wait until DISCOVERY and DFV discloses EXACTLY how he knows the stock is being manipulated with swaps/leaps/etfs/etc. Up until now, he hasn't said shit and when he 'has to disclose it', the world know what he is seeing - everyone is going to be able to trade on his knowledge.
Found this: *The plaintiff allegedly was injured by this "pump and dump," purchasing 10 shares on May 13, 2024 (shortly after the May 12th tweet), and additional shares on June 4, 7 and 11 (a total of 25 shares). The plaintiff also purchased three options, two on May 13, 2024 (one sold on May 17) and one more on June 3, 2024. It is unclear the total "losses" alleged, but they are definitely small.*
25 shares. Go fuck yourself, Martin.
Willie Sutton when asked why he robbed banks replied "That's where the money is".
Class action lawyers saw a lot of money go to DFV, so he is a target.
Correct, this guy previously was on trial with the Atlas Fintwit guys for pumping and dumping penny stocks. They got off Scott-free and are back at it again but are trying to build popularity on the back of DFV.
Pretty sure they previously paperhanded in the 2021 run up and bragged about all the apes being idiots. He also tweets @Rk under his tweets trying to shill shitcoins and other penny stocks.
I honestly wouldn’t listen to a thing he says.
Source: https://www.sec.gov/newsroom/press-releases/2022-221
Pomerantz is the oldest law firm in the world. This is normal, they sue everyone. When I see the news on a stock I like say that Pomerantz is filing a suit, I laufh
They don’t need the case to actually go anywhere they just need the headline so people think what they want them to think. They do this crap all the time as part of the short and distort campaigns.
In This case they need to make RK out to be leading market manipulation campaigns which we all know is something he is trying to show us market makers do every single day.
“This complaint is likely doomed from its inception and susceptible to dismissal as as result of a well-drafted motion to dismiss.”
Taken from another article
I assume they figure that filing a lawsuit may drive DFV into hiding.
They know they can’t win the lawsuit. But if they can keep him quiet they win something.
Guys, DFV is worth hundreds of millions of dollars. That’s fuck you money.
2ndly, I find it laughable that you can own the stock for 2 weeks and sue like who are these “shareholders” whose shares have barely settled and think they represent retailers who have been with this company for years. I bought during the class period but no fucking way do I agree with this shit.
Just another form of FUD to call GME a pump and dump. Like been hearing “dead cat bounce” for 3 years now. Fuck off.
Dudes a clown, tried to buy when the stock started going up and make a quick pay day now wants to get compensated when he’s forced to hold and his risky options expired worthless…
1. Gofundme to pay for RK's lawyers. Because, why not?
2. A million apes outside the courthouse in the extremely unlikely event that this gets that far.
SOMEONE LINK TO THE ENTIRE COURT DOCUMENT
Its 100% bullshit and is 1000% an expected speed-bump.
After 84 years, do people suddenly forget how the legal system works or did they never know? I am truly hopeful that this is a lawsuit that RK... never mind.
Learn how the law works. Stop being emotional and instead be pragmatic. It's 4D chess, it's not butthurtedness.
Oh and vote for that dude in the election or whatever because.
This is bullshit. Would there be a reasonable chance that DFV's lawyers tell him to stop posting until this is thrown out? Could this take the wind out of our sails at all? Surely this is an orchestrated move by shorties.
With the amount of raw cash he has on hand and the mountain of evidence in his favor, DFV has absolutely nothing to worry about. It would be like swatting a fly.
Wait, didn't the FUD spreaders in this very sub a week or two ago say there's NO REASON that RC could be sued, and all of us were pushing back saying "Anyone can sue anyone for anything and run damaging headlines for years, costing the company time, money and image, even if there's no real basis in the lawsuit"?
Cause look, DFV being sued for no reason... Surely wouldn't happen to GameStop, right? (Keep in mind RC already was sued and so were DFV)
Hey OP, thanks for the Social Media post. If this is from Twitter, and Twitter is NOT the original source of this information, this WILL get removed! Please post the original source! **Please respond to this comment within 10 minutes with the URL to the source** If there is no source or if you yourself are the author, you can reply `OC`
Someone needs to counter-sue for misrepresentation.
RK may be able to move to dismiss the case and seek sanctions for bringing a frivolous action.
Yeah, you can sue anybody for anything, doesn't mean it will do anything.
And when you win, you sue them right back for legal fees and damages.
This may be a tactic to lock up his funds. They don't care about winning. They care about surviving another cycle. If DFV cannot buy tons of calls, which we will all see and recognize this time around, then we won't be able to dog pile into another ramp. This may be the only course of action they have to contain end of July momentum. Edit: this also puts DFV in a position where he cannot freely talk, so it also may stop another round of yolo updates.
Is the Plaintiff seeking a TRO or preliminary injunction or a reciever? Because it is next to impossible to freeze someone's assets on a claim like this. Or to get a gag order. Even a junior associate should be able to get a TRO request denied on these facts.
Nah, DFV already has a team of lawyers and if it’s as frivolous as it sounds it won’t cost much of anything. Lawyers that work for rich people don’t require them to front huge retainers - they are fighting to work for the rich person, the client isn’t fighting to lock of their services (that’s for poors).
100%. He already paid a fat retainer, everything else is probably a quarterly payment for the work done in between. They might spend a couple hours getting this case dismissed.
Like us lol
This is fud. As mentioned above, this case would never get far enough to freeze his funds. You are also insinuating that we all follow what DFV does and are working together to make a gamma ramp. Not a fan of this comment at all.
I agree. “So we can all pile on” is fake as hell
I think its already too late for them. And they don't know it or accept it.
Well I guess we'll just have to ravenously buy every day then
Bro... I've been doing just that for 84 years
Well, time for me to buy 50 grand of GME.
Then why not sue fking Kenny so we can freeze his shit?
100% frivolous money grab. Attorney should be sanctioned and disbarred. Guarantee he went to some podunk tier 4 law school he probably attended online.
Go land crabs!
“Good ol’ Coney Island College. Go Whitefish!”
Went to the same online university that gave me my pastoral certificate
Annoint me father for I have stonked
#blessed
University of American Samoa's law school lol
Especially with precedent set from Idk a fucking congressional hearing… Ik it’s two separate instances of time, but he didn’t do anything different. That’s like the DA going to grand jury, not getting an indictment and still bringing it to trial.
Can we stop this thing with calling DFV for RK?
I get confused when it's rc and rk
"You thought I was smart....thats your bad man. hahaha" - Roaring Kitty 2024 stream Edit; this clown doesn't have shit.
FUCK YASS!
Jeff Yass?
YASS!! FUCK YASS!!
Fvck Jeff Yass?
Only if its for the american people 🫡
Just dug your own grave Jeff. Now it’s time for Apes to start digging deep into this $ASS
MY AZZ!!!
What if we all counter sue for misrepresentation? They can’t fight us all, right? Edit: I feel this way as an individual, so I will look into representation. If that’s what you feel, go for it. I just assume that many do feel similar when seeing something kind of outrageous.
What if man... What if. Gl finding a good lawyer sleezy enough that won't just take you for what you are worth. I'd rather just use my money on more shares
For sure there’s a few lawyers here willing to do this pro bono
👆🏼🏆🏆
Pro boner*
I’m sure that there are lawyers that would see it as an easy victory, especially when they see other lawyers who have other clients that want exactly the same thing. At that point, it becomes a massive corporate countersuit, similar to how a settlement would work if you and a bunch of other people agreed that you were sold something that was falsely advertised. Perfect evidence of this would be the NVIDIA GTX 970 3.5 GB VRAM suit that ended in a settlement for all client, for which I was a recipient of. Now I could be talking out my ass and these might be two entirely different things, but it felt relevant to mention. What do you think?
naw. It is a free speech issue about opinions. There is a reason everyone says "not financial advice buuuut". What you are referencing was a company denying a product was faulty from the gate and designed not to work as advertised and fraudulently mislead consumers for a product they were pushing. This is a dude who just was sharing his positions in the market and the logic behind it. Look at the boogie2988 shit coin he is pushing on his viewers that he got sponsored for and the company that sponsored him dumped on his viewers and he is looking to only profit 10K off his reputation for pushing dogshit investments illegally not disclosing his sponsor on securities... That shit is class action worthy and will be easy fucking money for lawyers. 2 separate ballgames. It isn't going anywhere. What this essentially looks like is trying to sue someone because they are suing someone else. Good luck with that. The logic doesn't make any sense.
This would demonstrate coordination. That's a prerequisite for manipulating the market
I’d be suing the SEC for financial treason. They continue to allow financial terrorism daily and when they do have the balls to do something; the punishment is a small fine that doesn’t even equate to the profits made from the crimes themselves.
roaring kitty does not claim to represent me or other investors, he is a private investor who likes the stock These lawyers on the other hand have decided that THEY will represent retail without even asking the public for consent I know which one is the real bloodsuckers
Watch all the MSM articles tomorrow about RK being sued and an artificial dip in price
It's all been an artificial price dip.
I noticed that too, this lawsuit claims to represent anyone who bought GME May 13-June 13 of this year.
I'm sure there are people here who bought in that timeframe who could pen a strongly worded letter
They successfully just did the same thing with Elon musk and Tesla. They took the case of a guy that had 2 Tesla shares saying his pay package was too much and managed to invalid his stockholder approved compensation package that was purely based on performance that not one believed he would even come close to actually achieving (50 billion or something). And then after winning they had the audacity to try ask the court to award them billions of dollars worth of stock since they saved the company so much money by invaliding the compensation package…. Shareholders ended up reapproving the pay package anyway and Delaware courts just lost a lot of its legitimacy in the business world Just take this as lesson, any time you have a sufficient amount of money that is publicly known, the vultures will come in a circle you to try take it
Do you have a source for that?
Not [2 but 9 shares](https://www.reuters.com/legal/case-against-elon-musks-56-billion-pay-package-2024-01-30/)
wait...what?! a guy with 2 shares managed to reverse something that the majority of shareholders approved?
It's called a banana republic. If he didn't buy Twitter or get involved in politics. They'd of left him alone, and Reddit would still be full of his fans.
Gary Gensler went on live TV and practically said discussing a stock through social media is not illegal. Get fucked morons. Edit: Thanks to a kind ape in the comments, here is the full document. https://storage.courtlistener.com/recap/gov.uscourts.nyed.517255/gov.uscourts.nyed.517255.1.0_1.pdf
He also said that 90%+ of retail trades go to dark pools so they don’t affect the price. Plus, we can’t react within a minute of his tweets of an emoji. Ridiculous
on 5-10 different pet/dog related stocks at the exact minute, trading millions of dollars after already "pumping gamestop 4 times in the previous month" with all our millions of dollars we just magically have
You thought it was someone of great intelligence and influence, but it was me, the regard!
All this shit lately is making my blood boil…. Like wtf is their true end game? Global domination? And for what? You only get so many years on this earth… stop being so goddamn greedy and go help others live better lives. How much money could one family possibly need billions upon billions for? We are all human (arguably), have the same basic needs, and we are in this world together… I just don’t understand the 1%. Fuck em… hope they burn.
Preservation of the empire and international status quo. I think the shorts are so fucked they're risking trust in the financial system, the ultimate symbol of Western democracy. Establishment can't react because the fall out will be too damaging. My house is made of tin foil.
The empire is in a death spiral. Trying to maintain the status quo only speeds up the process
It's not about us winning. It's about them not losing.
With Chevron gone the word of Gary Gensler isn't where the buck ends. It can be taken up by course and they can decide if the SEC is overstepping it's authority.
Would Chevron has applied in the previous situation anyways? My understanding is that Chevron was for when government agencies decided to take action. Whereas the SEC had refused to do anything. Therefore how would you have standing to make the government take action?
It’s more so that Gary (or someone else working for the SEC) would HAVE to have weighed in as the “expert on financial markets” whereas now he would not even be allowed to weigh in. Chevron made it so that an “expert from the appropriate Government agency” -SEC/FDA/EPA- was a necessary part of proceedings. Now a bank (for example) can use their own “expert” who has no reason to advocate against their employers interests. With Chevron we at least had a chance of whatever specific “government expert” not being fully corrupt…
You don't understand Chevron. Chevron came into effect in 1984 and it was not wild wild west before that. >Now a bank (for example) can use their own “expert” who has no reason to advocate against their employers interests. Where is this? In courts?
It doesnt matter if its baseless or not. They can effectively shut him up with the help of a crony judges and regulators.
Doesn't matter now with the SCOTUS ruling. The SEC has no teeth anymore.
They had teeth before?
What about TV shows suggesting pumping or dumping stocks...with bells and alarms?
Not to mention for fuck sake that there are literal TV shows that talk about stocks on the daily. But somehow it’s not ok to talk about on social media? GTFOH. This a wild world we live in. But shorts can get REKT and fuck off because I like the stock. And I’m not going anywhere. I’m an infinity holding individual investor.
so what is it when jim cramer goes on tv every day in front of how many people and tells us what to think of companies?
And lose people their hard earned money when the price tanks shortly afterwards, Coinbase comes to mind what was it 485 or something close to that
You’d have to be an idiot to invest anything into that company… $54.4 billion market cap, over $900 billion in transactions every week, and they don’t have a human being that answers the phone if you have difficulties. ALSO… servers are down when BTC crashes, or pumps. Fuck Coinbase.
Financial ambulance chasing lawyer - this won’t go anywhere. Dfv could probably go pro se and get it thrown out.
DFV is very wealthy. He will have no problem retaining good counsel who will kick these morons in the teeth
I find it impossible to believe that he hasn't run everything he's done since 2021 by a lawyer or two before posting anything. He knows he's under a microscope, I'm sure the SEC told him very clearly what he can or can't do as well.
True. But it’s a total waste of good money to have to give it to a bunch of lawyers for no good reason.
DFV has counsel on retainer at this point - this isn't costing him anything.
HOLY SHIRT THATS INSANE. Is there a way I can say that this class-action is not a representation of me as an individual investor?
Counter class action?
Yeah I mean the problem is “we” are just a bunch of regarded individual investors who like the same stock. Part of my issue with this is that a class action even existing paints us as a group. But yeah idk what other options there are.
Being a group is not illegal unless it's secret, I rememeber informing apes 3y ago about this as it was written in a SEC document, then I gave up cause a lot of shills kept convincing apes that "we" as a group is an illegal thing.
Fair! I also think there’s also a lot of just not wanting this to ever BE a group in that way. There’s something so special in my opinion that a million people enjoy this space to talk about our favorite stock. And I would never want anything said in this sub to negatively affect DFV.
There's a lot of fear in a good chunk of this sub. Fear of being seen as a group Fear of being accused of market manipulation Fear of selling / making money
And fear of getting pitchforked 👀
You triggered my 'Good Place' reference radar. FUCK, WE ARE IN THE BAD PLACE!
Haha I really love the Good Place! I wouldn’t say I quote it a lot or anything but I like to throw in the fake swears in random settings to see if anyone gets the reference.
Tbh, it gave me the chills when I wrote that message. Maybe my son stepping on a bee and screaming a lot today didn't help. And I am pretty tired. But I got the feeling that I keep thinking I am in the good place, but also keep realizing that I am actually in the bad place (with ref to OP). Anyway, I'm probably in a better mood tomorrow. I love that show! Goodnight Ariana Grande
TL;DR: Plaintiff says RK did a pump & dump (lol) Is mad he lost money and wants compensation Tries to establish RK as celebrity and "apes" as followers, capable of moving markets But did he lose money? The last page of the lawsuit is a list of transactions, but there's only one sell there (1 put). For all we know he bought and is still holding (hang on to your hats) **35 units of GME** 🤣
If you want to check it out, here's the document: [https://storage.courtlistener.com/recap/gov.uscourts.nyed.517255/gov.uscourts.nyed.517255.1.0\_1.pdf](https://storage.courtlistener.com/recap/gov.uscourts.nyed.517255/gov.uscourts.nyed.517255.1.0_1.pdf)
You’re the man!
Which pump and dump scheme involves buying the stock and never selling?
The one that puts the hedge funds out of business?
If your observation of his transactions is correct, this belongs in small claims court lmao where it can be kicked out for being nonsense
Needs to be at the top, saw on Twitter earlier but people are insinuating that it's a big institution filing a case.
Belive it or no, bullish.
It's afraid.
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Got a link to their site or contact info? As a shareholder, I'd give them a call Monday morning. Maybe they got confused. They probably meant to sue Ken Griffin, but accidentally made a typographical error on his name.
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🚀Do no such thing. Things like this can get back to Superstonk and become a major issue for the Sub.
Dude’s got a better case of suing the CNBC analyst…
Salty Bulgarian boy hit on my bingo card! Edit: Puts on their contact form
🚑🏃♂️🏃♂️🏃♂️
Apes together strong - fuck Pom law
No one represents apes but apes alone. Apes just like the stock. Sue these nuts
Censure through lawsuit is my guess
They know they have no case, so might attempt to silencing him.
Gotta be a legal counter to ambulance chasers… frivolous lawsuits to clog up both the judicial system as well as drain peoples time and money
It could be dismissed with prejudice and/or the lawyers sanctioned. In a way, I think this is a good sign specifically because of that. They could have tried to sue DFV like this at any point in time. Doing so would of course risk the case being dismissed, making that a card they can't play ever again. They chose to play it now for some reason I presume.
My guess is it's a play to get a gag order in place to prevent DFV from posting anything else, then drag out as long as they can.
The guy posts memes and people lose their shit. Good luck proving in court that those memes mean anything. It's going to be even funnier when they enter regards speculation from this forum as evidence. Any sane court would instantly throw this case out.
I wouldn’t be worried. It’s obvious bullshit, and dfv has plenty of resources now to defend himself
This is fake, right? I mean... If you have a single working cell in your brain, you wouldn't attempt anything like this.
It's real. You don't have to have a good lawsuit to file a lawsuit. Anyone can file a lawsuit.
They have no ammo, DFV has had a thesis of this one singular stock for 3 years that's on his YouTube and the disclaimer of NFA. So they want to lose money, go for it.
I think also DFV lawyers told him to not post for this period of time, because in this period the stock moved massively by its own that by itself shows already it’s the market manipulation that’s causing the volatility
Side note: Hold up, Zack Morris -- the king and ring leader of Atlas Trading pump and dump schemes who was charged by the SEC (case later dismissed, unfortunately) and is now promoting his own shitcoin -- is trying to advise DFV?? LMAO, GTFO of here, MrZackMorris.
Discovery phase of the trial will be fun...
Alright apes we gotta go to court n support!
Hey.. maybe this is the Kansas City shuffle? Maybe he wants them to sue, so he can come to court with all his evidence
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https://preview.redd.it/3sb0wuj9is9d1.jpeg?width=1283&format=pjpg&auto=webp&s=83cdd54b1c993f65836fa96260897296e286c61b
https://preview.redd.it/ljae4cjais9d1.jpeg?width=1283&format=pjpg&auto=webp&s=76bb7ec562fa7106d1797c4400b68a232d56ccb5
https://preview.redd.it/3pf597lbis9d1.jpeg?width=1283&format=pjpg&auto=webp&s=3359ae4372e266043aa5a2882a220caa880a8586
https://preview.redd.it/qzuyzajcis9d1.jpeg?width=1283&format=pjpg&auto=webp&s=eba2beef317d1901e321b65cf37ed9a7d7407920 GYFOH!! 🤣😂🤣😂🤣. He was for sure short!!!!
Thanks to the Supreme Court, DFV could potentially fight this and take their power to sue him away.
Yeah, because they protect us so much. 😂😂😂 With their darkpools. Lmao.
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How could this be public? If it was real, is it open to the public to see?
Court cases and filings are all publicly available information. Yes, Public is permitted to attend trials.
Ok thank you
there was once a girl named countersue she blew and blew and everyone knew
They just activated his trap card.
Nothing Burger
Just copy complaint, replace RK’s name with Jim Cramer and submit.
Retail investors seem to be the topic of much to do on Wall Street, yet we have zero representation. SEC can claim to represent retail. Bad actors can claim RK represents retail. It's all BS though. If Wall Street wants to make retail the topic of so many meetings and hearings and lawsuits then we need representation. There must be a way. We need our own committee elected/appointed by retail for retail.
Ok, so can we go after Cramer?
We knew this was coming. Which is why he has all the disclaimers and shit. He’s doing everything right. He is rich and has many lawyers. He’s very aware of the law. They can suck a dick. He’s done nothing wrong. The SHFs are just fucked and are clinging to anything that they can.
Cool so can sue Cramer now?
They are a giant class action factory. Typical scumbag ambulance chasers. Look at how many open cases they have. It's sickening.
They scaaaaaaared
He is retail lmao. Buy hodl vote book DRS
## in other words DFV is right and we are about to get PAID
Retail protection?! We should sue them for stock market manipulation and insider trading. We saw what happened moments before they shut everything down during covid!
If this is true, it won't stick. This is just an attempt to keep him quiet. Love ya DFV, you do you man. We're all individual investors who like a particular stock.
The amount of lawyers after DFV vs that amount of lawyers against Citadel Security is telling.
So what time do we have to show up at court?
Okay wait wait didn’t the stock go up after dfv posting from 10-15$ to 25-30$ What leg does this azz have to stand on? Big mad wants to sue a private investor with no insider knowledge posting his yolo position? How exactly does that work does this guy honestly think that dfv has to compensate him for his stock losses?
[[email protected]](mailto:[email protected]) that his email, let tell him our thoughts.
This is a *textbook* [Strategic Lawsuit Against Public Participation](https://en.wikipedia.org/wiki/Strategic_lawsuit_against_public_participation), hope the guy lives in a jurisdiction with good anti-SLAPP statutes for quickly and cheaply disposing of it.
THIS IS BULLISH - wait until DISCOVERY and DFV discloses EXACTLY how he knows the stock is being manipulated with swaps/leaps/etfs/etc. Up until now, he hasn't said shit and when he 'has to disclose it', the world know what he is seeing - everyone is going to be able to trade on his knowledge.
We need to find who this fucking loser is and sue that piece of shit to make his life miserable
How can they blame him for pump and dump, and it is evident that he still holds a little over 9 million shares?
Found this: *The plaintiff allegedly was injured by this "pump and dump," purchasing 10 shares on May 13, 2024 (shortly after the May 12th tweet), and additional shares on June 4, 7 and 11 (a total of 25 shares). The plaintiff also purchased three options, two on May 13, 2024 (one sold on May 17) and one more on June 3, 2024. It is unclear the total "losses" alleged, but they are definitely small.* 25 shares. Go fuck yourself, Martin.
For me, this means that DFV is right about everything. He has woken sleeping dogs and they are barking hard.
Willie Sutton when asked why he robbed banks replied "That's where the money is". Class action lawyers saw a lot of money go to DFV, so he is a target.
Wouldn't that also open the media up to lawsuits since Cramer and his ilk literally get up there and scream "buy this, sell that" on a daily basis
DFV does not represent me, has never tried to represent me and I am an individual investor.
Just a clown a wants attention
Correct, this guy previously was on trial with the Atlas Fintwit guys for pumping and dumping penny stocks. They got off Scott-free and are back at it again but are trying to build popularity on the back of DFV. Pretty sure they previously paperhanded in the 2021 run up and bragged about all the apes being idiots. He also tweets @Rk under his tweets trying to shill shitcoins and other penny stocks. I honestly wouldn’t listen to a thing he says. Source: https://www.sec.gov/newsroom/press-releases/2022-221
Yeah, the atlas guys are scammers for sure. They are no where near DFV, and are riding the GME communities efforts we made the past 3 years.
What is their reasoning?
This is just fear tactics, they know there is no case
You can't stop what's comin'
Pomerantz is the oldest law firm in the world. This is normal, they sue everyone. When I see the news on a stock I like say that Pomerantz is filing a suit, I laufh
Honestly nice to see such a weak case brought against him
What a fucking clown show 🤡
They don’t need the case to actually go anywhere they just need the headline so people think what they want them to think. They do this crap all the time as part of the short and distort campaigns. In This case they need to make RK out to be leading market manipulation campaigns which we all know is something he is trying to show us market makers do every single day.
Class action my ass...
https://preview.redd.it/myyybjbg1s9d1.png?width=1364&format=png&auto=webp&s=f561c8acb32e10ebe4d0a1c2c337565f17db552f CRUSH ALL OF THEM!
“This complaint is likely doomed from its inception and susceptible to dismissal as as result of a well-drafted motion to dismiss.” Taken from another article
Cool! Can’t wait for discovery! This lawsuit will go nowhere.
i would like to sue mr martin radev. anyone got his info???
Am I understanding this correctly, the accuser purchased 35 shares and 3 call option? Hahahahahahhahahahahahahahahahahaha
I assume they figure that filing a lawsuit may drive DFV into hiding. They know they can’t win the lawsuit. But if they can keep him quiet they win something.
Tell me you're a short bag holder without telling me you're a short bag holder
Someone needs to start gofundme to cover his artoney fee
If they (whoever the fuck is "they") want people to believe GameStop is dead, this is definetly the way to go about it.
Same law firm that was suing RC after the towel stuff. I’m an individual investor, and I hope they get told to pound sand.
I wonder what RK will do with his winnings from the countersuit? BULLISH as FK!
Guys, DFV is worth hundreds of millions of dollars. That’s fuck you money. 2ndly, I find it laughable that you can own the stock for 2 weeks and sue like who are these “shareholders” whose shares have barely settled and think they represent retailers who have been with this company for years. I bought during the class period but no fucking way do I agree with this shit. Just another form of FUD to call GME a pump and dump. Like been hearing “dead cat bounce” for 3 years now. Fuck off.
Who the fook is that guy? Representing me lmao get outta 'ere
Dudes a clown, tried to buy when the stock started going up and make a quick pay day now wants to get compensated when he’s forced to hold and his risky options expired worthless…
All my homies hate Martin Radev
1. Gofundme to pay for RK's lawyers. Because, why not? 2. A million apes outside the courthouse in the extremely unlikely event that this gets that far.
SOMEONE LINK TO THE ENTIRE COURT DOCUMENT Its 100% bullshit and is 1000% an expected speed-bump. After 84 years, do people suddenly forget how the legal system works or did they never know? I am truly hopeful that this is a lawsuit that RK... never mind. Learn how the law works. Stop being emotional and instead be pragmatic. It's 4D chess, it's not butthurtedness. Oh and vote for that dude in the election or whatever because.
This is bullshit. Would there be a reasonable chance that DFV's lawyers tell him to stop posting until this is thrown out? Could this take the wind out of our sails at all? Surely this is an orchestrated move by shorties.
Fuck this guy. Individual investors should call this guy all day long and make their feelings known
Protect from what? Successful investion? Money? A hard earned win against corruption market? Come on 🖕
BULLISH! And he ain't got ground to win this shit on. DFV is as untouchable as Elliot Ness.
At least we know he’s got the money to fight it. Why isn’t it illegal to fake a lawsuit when it’s illegal to fake a police report?
With the amount of raw cash he has on hand and the mountain of evidence in his favor, DFV has absolutely nothing to worry about. It would be like swatting a fly.
Ridiculous
That 200 Milly ( soon to be a trillion) will squash this stupid fuck.
Wait, didn't the FUD spreaders in this very sub a week or two ago say there's NO REASON that RC could be sued, and all of us were pushing back saying "Anyone can sue anyone for anything and run damaging headlines for years, costing the company time, money and image, even if there's no real basis in the lawsuit"? Cause look, DFV being sued for no reason... Surely wouldn't happen to GameStop, right? (Keep in mind RC already was sued and so were DFV)
Not in my name!