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Thread: "Rudy" and 12 others charged by SEC for stock pumping

  1. #1
    Danger is my business! oneupper's Avatar
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    "Rudy" and 12 others charged by SEC for stock pumping

    Here's the SEC press release which has a link to the complaint (for the legal-minded).

    http://www.sec.gov/news/press/2011/2011-268.htm

    Washington, D.C., Dec. 16, 2011 — The Securities and Exchange Commission today charged Daniel Ruettiger and 12 other participants in a scheme to deceive investors into buying stock in his sports drink company. Ruettiger is widely known for having inspired the 1993 motion picture "Rudy."
    Wonder if this will inspire another feel-good story.
    "A person is smart. People are dumb, panicky, dangerous animals and you know it."

    http://dalmady.blogspot.com


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  3. #2
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    Re: "Rudy" and 12 others charged by SEC for stock pumping

    18 years after his movie, he now faces Securities and Exchange Commission charges.

  4. #3
    Member texasdave's Avatar
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    Re: "Rudy" and 12 others charged by SEC for stock pumping

    Maybe Rudy can form a prison team to go up against Burt Reynolds' Mean Machine.

  5. #4
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    Re: "Rudy" and 12 others charged by SEC for stock pumping

    Quote Originally Posted by texasdave View Post
    Maybe Rudy can form a prison team to go up against Burt Reynolds' Mean Machine.


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