The GameStop investor that accused Keith Gill, known as Roaring Kitty, of committing securities fraud has dropped his class action lawsuit just three days after filing it.
A GameStop investor who accused Roaring Kitty of committing securities fraud has voluntarily dropped the complaint "without prejudice" meaning he can file another similar lawsuit again in the future.
Plaintiff Martin Radev dropped the suit on June 1 after submitting a voluntary motion to dismiss in the Eastern District Court of New York. It’s not clear why the lawsuit was dropped so quickly and the law firm representing Radev — Pomerantz Law — did not immediately respond to Cointelegraph’s request for comment.on June 28, with Radev alleging that Gill had used his influence on social media to orchestrate a “pump and dump” scheme that artificially inflated the price of GameStop shares for his own financial benefit, causing investor losses in the process.
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