Bed Bath and Beyond CFO took a dive

[TroglocratsRdumb]

The Bed Bath & Beyond CFO who plunged to his death on Friday was being sued for artificially inflating the company's stock price in a 'pump and dump' scheme to sell off his shares at a higher price, DailyMail.com can reveal.
Gustavo Arnal, 52, is listed as one of the defendants in a class action lawsuit brought by a group of shareholders who claim they lost around $1.2billion when Arnal and majority shareholder Ryan Cohen engaged in a 'pump and dump' scheme.
The lawsuit, filed in the United States District Court for the District of Columbia on August 23, claims Cohen had approached Arnal about a plan to control shares of Bed Bath and Beyond so they could both profit

Bed Bath & Beyond CFO faced lawsuit week before he jumped to his death

Gustavo Arnal, 52, was being sued for allegedly inflating the Bed Bath & Beyond's stock price in a 'pump and dump' scheme. It was filed in federal court just one week before he took his own life.

www.dailymail.co.uk

Comment:
Hopefully the investors can get their money back.
Going to prison for a few years is not that bad.

 

[westwall]

The Bed Bath & Beyond CFO who plunged to his death on Friday was being sued for artificially inflating the company's stock price in a 'pump and dump' scheme to sell off his shares at a higher price, DailyMail.com can reveal.
Gustavo Arnal, 52, is listed as one of the defendants in a class action lawsuit brought by a group of shareholders who claim they lost around $1.2billion when Arnal and majority shareholder Ryan Cohen engaged in a 'pump and dump' scheme.
The lawsuit, filed in the United States District Court for the District of Columbia on August 23, claims Cohen had approached Arnal about a plan to control shares of Bed Bath and Beyond so they could both profit

Bed Bath & Beyond CFO faced lawsuit week before he jumped to his death

Gustavo Arnal, 52, was being sued for allegedly inflating the Bed Bath & Beyond's stock price in a 'pump and dump' scheme. It was filed in federal court just one week before he took his own life.

www.dailymail.co.uk

Comment:
Hopefully the investors can get their money back.
Going to prison for a few years is not that bad.

I am thinking he had help falling out of that window.

 

[1srelluc]

It was the sudden stop that killed him.

 

[Manonthestreet]

Go woke get broke...

 

[TroglocratsRdumb]

It was the sudden stop that killed him.

18 floors and G-force will do it every time

 

[westwall]

18 floors and G-force will do it every time

It's called "deceleration trauma".

 

[DigitalDrifter]

Right along with their stocks.

 

[Polishprince]

Hopefully the investors can get their money back.
Going to prison for a few years is not that bad.

Not very likely. The deceased's estate isn't big enough to cover the losses being blamed on Mr. Arnal and the company itself has a huge debt load as well.

The money isn't there for that.

 

[Burgermeister]

Doesn't look like a sincere attempt. I mean, how high can the 18th floor of a Jenga tower be? one foot, max?

 

[EvilEyeFleegle]

The Bed Bath & Beyond CFO who plunged to his death on Friday was being sued for artificially inflating the company's stock price in a 'pump and dump' scheme to sell off his shares at a higher price, DailyMail.com can reveal.
Gustavo Arnal, 52, is listed as one of the defendants in a class action lawsuit brought by a group of shareholders who claim they lost around $1.2billion when Arnal and majority shareholder Ryan Cohen engaged in a 'pump and dump' scheme.
The lawsuit, filed in the United States District Court for the District of Columbia on August 23, claims Cohen had approached Arnal about a plan to control shares of Bed Bath and Beyond so they could both profit

Bed Bath & Beyond CFO faced lawsuit week before he jumped to his death

Gustavo Arnal, 52, was being sued for allegedly inflating the Bed Bath & Beyond's stock price in a 'pump and dump' scheme. It was filed in federal court just one week before he took his own life.

www.dailymail.co.uk

Comment:
Hopefully the investors can get their money back.
Going to prison for a few years is not that bad.

ahhh....I always wondered what the 'Beyond' part was~

 

[DigitalDrifter]

ahhh....I always wondered what the 'Beyond' part was~

I don't like you, but that is truly fucking funnier than hell! Well done!

 

[justaschmuck9]

The Bed Bath & Beyond CFO who plunged to his death on Friday was being sued for artificially inflating the company's stock price in a 'pump and dump' scheme to sell off his shares at a higher price, DailyMail.com can reveal.
Gustavo Arnal, 52, is listed as one of the defendants in a class action lawsuit brought by a group of shareholders who claim they lost around $1.2billion when Arnal and majority shareholder Ryan Cohen engaged in a 'pump and dump' scheme.
The lawsuit, filed in the United States District Court for the District of Columbia on August 23, claims Cohen had approached Arnal about a plan to control shares of Bed Bath and Beyond so they could both profit

Bed Bath & Beyond CFO faced lawsuit week before he jumped to his death

Gustavo Arnal, 52, was being sued for allegedly inflating the Bed Bath & Beyond's stock price in a 'pump and dump' scheme. It was filed in federal court just one week before he took his own life.

www.dailymail.co.uk

Comment:
Hopefully the investors can get their money back.
Going to prison for a few years is not that bad.

what a terrible way to die... wonder if it was really suicide?

 

[TroglocratsRdumb]

what a terrible way to die... wonder if it was really suicide?

he might of had some dirt on hillary

 

[Muhammed]

Sounds like he made a lot of enemies. If it's a suspected murder, I'd hate to be the homicide detective trying to weed through the list of suspects.

 

[justaschmuck9]

Sounds like he made a lot of enemies. If it's a suspected murder, I'd hate to be the homicide detective trying to weed through the list of suspects.

sad story regardless... still can't figure out why someone would end it all THAT way!

he should have just broken into the capitol and let the cops shoot him thinking he was a patriot

 

[HereWeGoAgain]

I am thinking he had help falling out of that window.

The stockholders did it.

 

[HereWeGoAgain]

Wait...he killed himself without a gun?
So much for needing a gun to commit suicide,I'm sure dems will be disappointed.

 

[B. Kidd]

The Bed Bath & Beyond CFO who plunged to his death on Friday was being sued for artificially inflating the company's stock price in a 'pump and dump' scheme to sell off his shares at a higher price, DailyMail.com can reveal.
Gustavo Arnal, 52, is listed as one of the defendants in a class action lawsuit brought by a group of shareholders who claim they lost around $1.2billion when Arnal and majority shareholder Ryan Cohen engaged in a 'pump and dump' scheme.
The lawsuit, filed in the United States District Court for the District of Columbia on August 23, claims Cohen had approached Arnal about a plan to control shares of Bed Bath and Beyond so they could both profit

Bed Bath & Beyond CFO faced lawsuit week before he jumped to his death

Gustavo Arnal, 52, was being sued for allegedly inflating the Bed Bath & Beyond's stock price in a 'pump and dump' scheme. It was filed in federal court just one week before he took his own life.

www.dailymail.co.uk

Comment:
Hopefully the investors can get their money back.
Going to prison for a few years is not that bad.

Investor's money is ending up in money heaven.

 

[B. Kidd]

Somebody moved the EXIT sign.

 

[Muhammed]

sad story regardless... still can't figure out why someone would end it all THAT way!

There are much worse ways to commit suicide.

Jumping out of the 18th story window of a skyscraper onto the concrete sidewalk below has a very good chance of killing you quickly with very little chance of failure.

Suicide attempts that fail can have very unfortunate results.