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U.S. SEC charges Medallion Financial Corp over alleged fraud

reuters.com · 12/29/2021 08:31
U.S. SEC charges Medallion Financial Corp over alleged fraud

- The U.S. Securities and Exchange Commission on Wednesday charged Medallion Financial Corp MFINL and President and Chief Operating Officer Andrew Murstein with allegedly engaging in fraudulent schemes to boost the company's stock price, the financial regulator said in a statement.


(Reporting by Susan Heavey, Editing by Louise Heavens)

((sheavey@thomsonreuters.com; +1-202-898-8300;))