Updated
Updated · Markets Insider · Jun 1
Judge Threatens Andrew Left With Custody in $20 Million Fraud Trial
Updated
Updated · Markets Insider · Jun 1

Judge Threatens Andrew Left With Custody in $20 Million Fraud Trial

3 articles · Updated · Markets Insider · Jun 1
  • US District Judge Virginia Phillips warned Andrew Left she would have marshals hold him if he left court again after he was absent during jury deliberations and a jury note.
  • An hour-long delay followed the jurors' request for a read-back of defense witness Jack Martel's testimony; Left's lawyers said he was 20 minutes away, but Phillips said the jury had been kept waiting.
  • Phillips ordered Left to remain in the courthouse while the case is in session as jurors weigh securities-fraud charges tied to more than $20 million in alleged profits.
  • The jury's note focused on Martel, who said he advised Citron Capital its trading model was legal and required no holding period, a key dispute as prosecutors allege Left made rapid 'U-turn' trades after market-moving posts.
Was the short-seller's strategy a market service or blatant manipulation?
Will this verdict redefine the rules for all financial influencers?
When does an influential tweet become a 25-year federal crime?