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WeWork Executive Convicted of $77 Million Stock Manipulation Scheme

Former Arciterra CEO Convicted of Manipulating WeWork Stock Price Ahead of Bankruptcy Filing.

2024-10-22 14:51:00
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Manhattan federal jury has found a former CEO of real estate investment firm Arciterra guilty of attempting to artificially inflate WeWork's stock price through a $77 million tender offer. The verdict was handed down on Tuesday, marking a significant development in the case.

WeWork executive convicted of $77 million stock manipulation scheme in New York.

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