Daily Market Updates: Founder of private investment firm charged over alleged pre-IPO pricing

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Founder of private investment firm charged over alleged pre-IPO pricing

Reported · Written up by our desk · M&A & Deals

Federal prosecutors, according to a Markets report from The Wall Street Journal, have charged William Sarris, the founder of Linqto, a private-company investment firm.

Prosecutors allege that Sarris marked up the prices of pre-IPO shares, which prosecutors say misled investors, according to the report.

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Sources

WSJ MarketsFounder of Private-Company Investment Firm Charged With Defrauding Investors

US Markets

Founder of private investment firm charged over alleged pre-IPO pricing

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Sources

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