False rumours enforcement actions
This library records 5 enforcement actions tagged false rumours. Spreading false rumours is seeding an untrue claim about a company into channels traders read, in order to move the price and trade against the reaction before the claim can be checked.
Actions are listed newest first. Each row links to a case page carrying the regulator's own release and, where one was published, the complaint. For how this technique works and what statute it engages, read the false rumours technique page.
- Actions
- 5
- Total penalties
- $0
- Median penalty
- —
- Largest
- —
- Criminal parallel
- 100%
| Action | Agency | Filed | Penalty | Status |
|---|---|---|---|---|
| SEC v. Milan V. Patel (false rumors, 2025) | SEC | 2025-04-11 | — | judgment |
| SEC v. Milan Patel (false rumors, 2023) | SEC | 2023-02-16 | — | filed |
| SEC v. Charles Parrino (false rumors, 2022) | SEC | 2022-09-28 | — | settled |
| SEC v. Anthony Salandra (false rumors, 2022) | SEC | 2022-04-11 | — | settled |
| SEC v. Barton S. Ross (false rumors, 2020) | SEC | 2020-12-18 | — | settled |