Pump and dump enforcement actions

This library records 139 enforcement actions tagged pump and dump. A pump and dump is a scheme in which shares are accumulated cheaply, promoted with misleading claims to drive the price up, and then sold into the demand the promotion created, leaving later buyers with the loss.

Actions are listed newest first. Each row links to a case page carrying the regulator's own release and, where one was published, the complaint. For how this technique works and what statute it engages, read the pump and dump technique page.

Actions

100

Total penalties

$42.2m

Median penalty

$446k

Largest

$22.6m

Criminal parallel

40%