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Shortly after being summoned as a witness for the upcoming Congressional hearing about Reddit and the GameStop stock price surge, Reddit user Keith Gill aka Roaring Kitty is now facing a class action lawsuit for allegedly manipulating the market.
The filing claims that Gill is not in fact an amateur retail investor but instead a licensed securities professional who profited from a short squeeze of GameStop by manipulating the market. According to the lawsuit, Gill “actively worked as a professional in the investment and financial industries” for years, holding a number of securities qualifications including a Charted Financial Analyst license and previously working for the Massachusetts Mutual Life Insurance Company as a director.