The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

PUMP AND DUMP Definition & Legal Meaning

Definition & Citations:

When investors are lied to by the company. They are given postive news that is false to prompt them to buy. It drives up the stock price but the investor has just bought less valuable stock. It is illegal. Refer to painting the tape, daisy chain, and poop

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