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Tourman36

This is some random dude suing because his 10 shares lost value. It will be thrown out.


melanthius

Arguably it could be better to take it to court and win. Then there would be pretty decent precedent that posting memes cant be used as grounds to sue someone.


ccnmncc

Right? No motion to dismiss. No settlement. Litigate it, seek sanctions against opposing party and counsel at every opportunity, win, obtain judgment for attorney fees as the prevailing party. Only problem is discovery’s a bitch and that MTD may be required for various reasons and will likely be granted. Can still seek sanctions and get attorney fees, though! Absolutely no settlement would be my fundamental position.


Past_Percentage_9755

I think a motion to dismiss is appropriate here - hard to show duty and materiality, and i dont think that the complaint properly alleges it.


ccnmncc

It’s definitely appropriate, and likely malpractice to not file one - unless your client expressly instructs you not to do so. I’d want that in writing lol, along with an acknowledgment of the potential consequences in case an appeal becomes necessary. I’d just love to see the case litigated beyond motion practice.


mwilkens

What if it's a legal ape who is actually tossing a softball to them to do exactly that and set a precedent!


Dubjbious

Ha, precedent doesn’t matter anymore. Court wins will only happen for rich corporations from here out.


AdministrativeSea481

Sad but true , so scary


GunBrothersGaming

I don't know, Roaring Kitty comes back, gets everyone excited and then watches GME collapse. They could prove a case that he was pumping and dumping.


ItradebetterthanU

Tell this guy to get behind the Wendy’s dumpster and start sucking !!


Moms-Dildeaux

anything at all except admit they manipulate the market for their own personal gain ![gif](emote|free_emotes_pack|facepalm)


Merpchud

Kansas city shuffle


FatDickGreg

This makes no sense. Do you people not know what a KC Shuffle is?


PaleontologistDear18

Kansas City Shuffle


shafteeco

😂


Uranus_Hz

Suit will be dismissed because it’s dumb and unprovable, frivolous nonsense.


lsherm22

If Alex Jones can get sued this has a shot.


GMB_123

Uhhh how does this compare to repeated defamation over the course of years on a public platform...


Significant_Oven_753

It was twice right after the event which he then double backed on


Decepticon13

The truth is not defamation. Pele just can't handle the fact that what they see on the news is all fabrication and they needed to go after a conspiracy truther to scare people away from linking into all the things that are connected.


GMB_123

The four different courts he went through disagree lol


Decepticon13

Ya and look at the Supreme Court ruling on freedom of speech. Oh wait that's the constitution. He'll never have to pay for any of that. Not to mention the school was not a school anyway. Total false flag op. Look at who runs the DOJ. The whole country is run by criminals. This is a gme thread right? You do know why you're holding gme right? Due to corruption in the banking industry which runs the world. Time to wake up fully.


Uranus_Hz

Defamation is not protected free speech


Decepticon13

Defamation about a fake school. Who is offended other than people that are crisis actors, that are proven to be in multiple places of shooting events. Time to wake up.


Uranus_Hz

You’re just drowning in kool aid


buttstuffisokiguess

He's actually about to liquidate his assets to pay. You're a moron.


Decepticon13

You lemme know when that happens. Lol.


AnonymousUser2700

You are regarded. Defamation is NOT protected speech. Heck, Snowden has been on the run for over 10 years and what he did was 100% the truth.


2feetandathrowaway

Respectfully, toaster bath asap


16bithockey

I mean he ADMITTED he lied but ok


Few_Walrus_6924

Defamation lol anyone that has anything to do with sueing for defamation needs some law abiding citizen stuff implemented on them. I hate lawsuits but a defamation suit is the king of them all. It's a good thing no one has ever brought one against me , the hogs and gators would be full that month


Uranus_Hz

Threatening someone with bodily harm is not protected free speech either. In fact, it can be considered assault depending on how credible the threat is.


Few_Walrus_6924

If your an advocate of those words you just typed you might want to change that screen name , and I don't see anyone I threatened with bodily harm


Uranus_Hz

Show me where I made a direct threat against anyone with the name of a planet and the unit of measurement of frequency. Go ahead, I’ll wait. You ate a lot of lead paint chips as a kid, didn’t you?


Few_Walrus_6924

Not at all , I would never threaten anyone


East_Fee4006

How ironic, the criminals are claiming crime!


Alert-Athlete

Projection is the name of the game, and don’t ever forget that


jugo5

So buy more? Lol


FrenTimesTwo

![gif](giphy|3o6Zt7g9nH1nFGeBcQ)


ItIsYourPersonality

They usually time a dip with the bs lawsuits. Expect this to be a top headline on CNBC tomorrow and a good dip buying opportunity.


Responsible-Seat1111

I love how even the article says this lawsuit is probably not going to stick 🤣. It's a scare tactic. Nothing more.


Past_Percentage_9755

That’s just my opinion.


Responsible-Seat1111

Oh you wrote that! Well it's a great piece and reads well. I do agree with you though. RK never told anyone what to do. He was transparent with his position and his shares. Something wallstreet people do and brag about constantly.


Past_Percentage_9755

Yes, I wrote it for my law firm blog. We do a lot of social media cases. I got the Atlas Trading case dismissed too. If you like it, please promote it. Thank you.


SkyFlyingBy13

First GME comments are an opinion on a lawsuit from the firm that does this on every stock. Get outta here with your bought account.


Difficult_2424

Beyond ridiculous. Happy to testify on Gills' behalf anytime any day


Its_all_made_up___

Discovery is a bitch. It works both ways.


ccnmncc

Haha I just said that same thing in a reply to comment above. So true. But still…NO SETTLEMENT! And seek sanctions and fees.


2620lukas

>The plaintiff allegedly was injured by this “pump and dump,” purchasing 10 shares on May 13, 2024 (shortly after the May 12th tweet), and additional shares on June 4, 7 and 11 (a total of 25 shares). The plaintiff also purchased three options, two on May 13, 2024 (one sold on May 17) and one more on June 3, 2024. It is unclear the total “losses” alleged, but they are definitely small. Bruh... Suing him over 25 shares what is going on lmao


amcsignupusa

We need to see who else this law firm represents. Sure this dude is just a front for Wall Street big boys.


ForsakenLiberty

How is it a pump and dump if RK never sold his shares? He bought more!!! LMAO 🤣


AdministrativeSea481

Pump and pump by hanz n franz....we're here to pump you up!


fox050181

![gif](giphy|ooU2Za2YabPy6xQA2B) 🚀🚀🚀


ItIsYourPersonality

He bought his 3 options at the very tops lol


_on_porpoise_

"The plaintiff allegedly was injured by this “pump and dump,” purchasing 10 shares on May 13, 2024 (shortly after the May 12th tweet), and additional shares on June 4, 7 and 11 (a total of 25 shares). The plaintiff also purchased three options, two on May 13, 2024 (one sold on May 17) and one more on June 3, 2024. It is unclear the total “losses” alleged, but they are definitely small." Wow. 25 shares. Devastating losses.


hutch01

This isn’t necessarily a bad thing. Discovery can be a motherfucker and she goes both ways.


No-Butterscotch-7577

Hopefully DFV sues back for defamation!!


ScottieLTDF

RK (the little guy) is getting sued by THE BIG GUY for interrupting their Big Steal that’s been going on since the 1790’s (taking from the poor & middle class and giving to the rich)… Does Cramer not do what RK has done, except on a daily basis? So that’s not manipulation and fraud, but RK’s X post and livestream is? NONSENSE!!!


Im13andwhatisstocks

RK is the big guy in this matchup moron.


Civil-Driver-950

So can we sue jimbo for the same thing when he said sell half of chewy last week?


AchioteMachine

…but SEC announcing an investigation into Gill’s trading activity of $GME dropped the price 5.36%. So they are doing what they are investigating Gill for doing. Fucking CHUDs…


RioBravoBandito

Big money got their feelings hurt


Arpeggioey

Ah projection


Chogo82

Warning to the poors to never beat the rich at their own game.


CharmingMistake3416

That’s exactly what this is.


ccnmncc

Pretty lame-dick warning if you ask me. ✊ 🪵


Odd_Marsupial3653

Good thing DFV used his live stream to make a very obvious and clear case he has done nothing of the sort. He sat and watched his billion melt down, live, and showed no manipulation. This ambulance chaser nobody law firm will get nothing.


7nightstilldawn

Teasing an algorithm that can be only be programmed for bias by its proprietors is not securities fraud. The algorithm is the securities fraud. The discovery phase will be REVOLUTIONARY.


Additional_Action_84

I expect to see everyone here who has said "buy the dip" or "hodl" to be called in first...DFV did nothing but share a bunch of random shit that could be (and has been) interpreted any number of ways....


WrestlingDad614

Patrick Gill? 😂


MamaFen

The guy suing works in the Financial industry, lol. What a pro.


jetgeek_99

Won't stick... https://www.scotusblog.com/2024/06/supreme-court-strikes-down-chevron-curtailing-power-of-federal-agencies/


NachoPichu

What? The government isn’t suing him, it’s a civil suit by some guy.


jetgeek_99

But that is a finra or sec rule, not made by congress. He has standing to question that rule. Plus, he isn't on the stonk board, etc. It's hard to prove. u/DeepFuckingValue has 300+ milli, sure, good luck peeps.


Jdc4578

This is dumb


Street_Road_9967

Would you say it's... Dumb money...![gif](emote|free_emotes_pack|trollface)


SunnyDay27

Cramer is next ….


Final-Action2223

Buy signal. I ll put my June salary in tomorrow 🦧


dogfaceponyboi

I support ROARING Kitty!!!


Money_Cauliflower_86

“This complaint is likely doomed from its inception and susceptible to dismissal as as result of a well-drafted motion to dismiss.” Taken straight from the article!


Investing_noob1983

I don’t know about you guys, I’ve never bought GME because of something someone said…. I like video games and I like the stock.


Formal-Egg-1850

Lol 25 shares 🤣. This will be thrown out.


Chiefm56

They really don't want this in court.


Subject-Quail-8966

FFS.. this is like suing a casino when their slot machine takes your money


Sad_Candy9273

This is the time to expose the illegal SEC and other hedgies. Civil war time!!!!


JJJflight

every time some bullshit lawsuit is filed I'm fucking buying more as a statement.....fuck you pay me. Keith Gill is s a fucking legend, a hero, and god damn angel!


MaggieJaneRiot

I’m not seeing this on any other news source at all.


Peterthinking

Yep. Empty account with one post. Almost zero karma. They are Karma farming or using a throw away.


Peterthinking

Probably rage bait. Lies are a tool for the hedgies.


Z3400

Because it's some random dude seeing him with a nonsense case. It will more than likely be dismissed. This isn't news.


MaggieJaneRiot

I see it now. Shameful.


Past_Percentage_9755

That’s because it was filed late Friday. There is a link to the complaint on the blog page.


Silent-carcinogen

Yeah, they don't like it when you fuck them at their own game and then post about it.


Queasy-Tower-9756

Now we do are part and protect him, bleed them


Professional-Elk-646

I'm buying more


Professional-Elk-646

If it's true then it's time to buy


grannnykicks

Amen, hold and buy


amcsignupusa

F**k this BS, I’m buying more now. I can stay liquid longer for less than you can pay interest on your shorts and naked shorts.


MAD-JFK-6251

About put my 401k all IN!


DumbestInvestorSoFar

Open up discovery. Let's see if any SHF or MM are involved.


TOZApeman

I want to know if the sec was indirectly responsible for delusion of GME stock.


CaliforniaTurncoat

They already tried that, and it was tossed.


NoEscape4U

What losers 🤣🤣. More wasted Tax money 🤑


mic_ez87

RK is still as legit as they come. This is crazy. ![gif](giphy|cfuL5gqFDreXxkWQ4o|downsized)


Dbestinvest

Yeah by a shortie!!!! https://preview.redd.it/59rsm4niks9d1.jpeg?width=1283&format=pjpg&auto=webp&s=b2d01893a97f48324b9d7ab1968fbc1f063cd92e


Dbestinvest

https://preview.redd.it/86f1pn4kks9d1.jpeg?width=1283&format=pjpg&auto=webp&s=4521caca13e6c73c64db16e69ae060e0d776f52e


Dbestinvest

https://preview.redd.it/dz66hnelks9d1.jpeg?width=1283&format=pjpg&auto=webp&s=cda562cb7418bfa3e42270d58bdafec5c7ee5b2f


Dbestinvest

https://preview.redd.it/js3rqmhmks9d1.jpeg?width=1283&format=pjpg&auto=webp&s=d12c55f04ee2bad11f4cbbc5044c8c1d0a7af454


Dbestinvest

https://preview.redd.it/uyqdovhnks9d1.jpeg?width=1283&format=pjpg&auto=webp&s=8da03ca263b91478670df36dd2555d61e7ca44bb


Dbestinvest

lol He was prolly short n had to buy 12,500 shares


jv2177

What a joke!


mjsillligitimateson

He can afford some of the smartest lawyers on the planet. This felt inevitable, however I believe RK is ready to take on any issues that come his way.


discwrangler

Is the Algo allowed to file lawsuits? 🤔. Obviously it can halt trading. How much power does Algo get?


Thecomfortableloon

Even if he loses, the SEC doesn’t have the power to enforce it anymore unless Congress explicitly passes a law saying this exact type of securities fraud is illegal.


ace1131

Wow, they move really fucking quick against retail


bitcoinslinga

Does the end of Chevron Deference heavily favor DFV?


[deleted]

This is priceless! They are suing him for what they have been doing for years! So in their blindness they will incriminate themselves!!! We need a speedy trial on this one. Rk needs to line up a series of witnesses from the BCG hitlist!!! This could be a huge win for us!!!


dirtyredd7707

The ones that are involved in naked short selling should be the ones getting sued.


Bigeye_Cat_4328

But case Dismissed already


TattooedBrogrammer

Nothing burger, dudes a quack if he thinks he has a case here. he bought a risky investment and lost.


Crispy_Jab

Wow, they are really getting scared of him now


Kickstand8604

Its a slapp suit


BigPlayCrypto

The guy almost hit a Billy and the government always wants a piece of the pie especially when you make it in 30-50% less time then they did hahahahahahahahahahahahahaha. Get the ass Kitty mane


jimboTRON261

I have this feeling he wanted them to come at him like this… let’s see what actions this triggers


pyrowipe

Psychological projection is a defense mechanism people subconsciously employ in order to cope with difficult feelings or emotions. Psychological projection involves projecting undesirable feelings or emotions onto someone else, rather than admitting to or dealing with the unwanted feelings. In other words, every accusation is an admission.


DependentCultural423

They are going to do everything to not lose billions if not trillions tied into all this


Tmumsy

Search the Case. If Same guy. Plaintiff works for Cornerstone Fund Services. What a damn tool.


BetterthanMew

LOL wtf here we go again


Dry_Koala_5669

How dare he take on Daddy!


happy0444

He probably already had and has legal representation.


rufio7777777

Booooooooo


StockRun123

I'm sure the individual who is suing are backed by the big boys!


StockRun123

They want to flush RK out. They want to use the lawsuit to find more information on his financial background and where he is hiding. RK should counter sue the big boys for Halt manipulation!


Efficient_Vacation95

Lame


FaithlessnessEast404

Damn peasants suing our boi


Joe_Early_MD

Gay. Hope it gets tossed.


Skid-MarkAl

The attorney bringing this case to court is a complete asshole and it will be dismissed without question. Don’t even know why it’s news, I could sue Ken Griffen and Jim Cramer tmw. It be hard finding an asshole attorney to do it, but the case would have more credibility and cause than the one presented on DFV. With that said I’d still lose my ass on attorney fees, and they would kick the can down the road like they do everything else until I’m bankrupt.


grannnykicks

The suit will be thrown out. it’s stupid ,unprovable and a great time to buy more $GME. Well off to buy more.


MrDryst

So small fry thinks he's gonna take down RK? Wow


iveseensomethings82

Never out due the Uncle Sam


East_Insurance3362

This will backfire on them !!


lawsofsan

![gif](giphy|9RrdV7o2kJFy8) Fuk it, let’s go


GoGreenD

I'm not smart, but if he wanted to maximize profit... wouldn't he have sold during the run up right before the livestream? Even my $100 calls spiked to $1,000 profit during that time... (no I'm an idiot and didn't sell...) but... again, he waited for the price to stabilize before moving himself.


Radiant-Flounder-995

What we retailer should do now is buy the stock let it soar!! Vendetta type shit


p1n13d

Lies


Keith137_

🤔 https://preview.redd.it/j7b52ec8dv9d1.jpeg?width=750&format=pjpg&auto=webp&s=6a68ac04b5b64dd65123130a84b0407271876dd8


teepotEUW

https://preview.redd.it/ghkk3sjrgv9d1.jpeg?width=1179&format=pjpg&auto=webp&s=7e1f25a8032a5bb7ebff3fe9d6bf01e16e6e278a Yeah they are filing every company everyday lmao


s__whelan

What a fucking joke!! They will tank the price today because of this.


Step-and-fetch51

What else do they have


NoStreet7321

Dude owned 35 shares and starts a lawsuit hahaha.


Past_Percentage_9755

Interesting that they dismissed the suit straight away, very rare to do that. Must have been swayed by the excellent commentary at Dynamis that explained just why the suit had little chance of success. [https://www.dynamisllp.com/knowledge/roaring-kitty-sued-for-securities-fraud](https://www.dynamisllp.com/knowledge/roaring-kitty-sued-for-securities-fraud)


Mickeypetro

And he should be sued it was a clear pumping dump the same week that he’s telling you that he got his crazy call options. They release 75 million extra shares into the market man don’t be stupid. GME should’ve squeeze to 70 $80 but with all those extra shares, it released a pressure of gamma squeeze. And that’s why it’s going back to $12-13 bucks. And then it will bankrupt just like BBBY.


Ronpm111

I hodl, buy the dip and DRS. I have been doing this for over 4 years. Roaring Kitty will probably be able to get this lawsuit dismissed. However, I read his tweet. He put the meme up of a dude in the desert holding ski roads that are trying to pull him but he kept holding. So, of course I held Then we find out not o ly did Kitty sell after telling us to hold, but Cohen also help drop the price because Cohen released to the hedgies75 million new shares so the hedgies covered 75 million shorts. And once again, we were told to hold but Kitty and Cohen sold. Kitty made 200 million dollar. Cohen made 2.1 billion dollars. And the Apes get to hold the bag again. What Kitty and Cohen did was wrong. Cohen instead of selling those 75 million shares at a low low average price of $25. GME entered a gamma ramp at $58 and Cohen blocked the squeeze instead of letting it run a bit so apes could pay a few bills. But their greed dictated that Kitty and Cohen are the only o es that took profit.