... the bet backfired, Rochdale was on the hook for $5.3 million of losses on the extra 1,623,375 shares, leaving the Stamford, Connecticut-based company undercapitalized, the SEC said in court papers. According to prosecutors, Miller also defrauded ...
via Stamford Newswire http://www.businessinsider.com/this-man-took-a-huge-illegal-gamble-on-apple-and-lost-5-million-of-other-peoples-money-2013-4
via Stamford Newswire http://www.businessinsider.com/this-man-took-a-huge-illegal-gamble-on-apple-and-lost-5-million-of-other-peoples-money-2013-4
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