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05:53

Manipulated AOL stock? - Arianna Huffington: "if you buy AOL stock right now ..."

TNW Industry :: Section 9 of the Securities Exchange Act (link to PDF download) of 1934 prohibits market manipulation, a deliberate attempt to interfere with the free and fair operation of the market and create artificial, false or misleading appearances with respect to the price of, or market for, a security, commodity or currency.

According to a Tweet (see below) from Dylan Byers, a reporter for AdWeek, Huffington, speaking to Michael Arrington, founder and co-editor of TechCrunch at TechCrunch Disrupt New York, stated the following,

Clipped from: twitter.com (share this clip)

@DylandByers tweet: "Huffington to Arrington: 'Ithink if you buy some AOL stock right now, you're goint to make a lof of money.'"

That said, it could be argued that that Huffington is engaging in market manipulation concerning AOL’s stock.

Details - continue to read Jeff Cormier, thenextweb.com

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