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Radev v. Gill
U.S. District Court for the Eastern District of New York
- Court
- U.S. District Court for the Eastern District of New York
- Docket
- No. 1:24-cv-04608
- Parties
- Martin Radev (on behalf of a proposed class) v. Keith Patrick Gill (a/k/a Roaring Kitty)
- Claim type
- securities
- Filed
- 2024-06-28
- Outcome
- Voluntarily dismissed by the plaintiff without prejudice on July 1, 2024, three days after filing.
Summary
GameStop shareholder Martin Radev filed this proposed securities class action against Keith Gill (Roaring Kitty) in the Eastern District of New York on June 28, 2024, alleging a pump-and-dump scheme. The complaint claimed Gill acquired 120,000 GameStop call options before resuming his social-media posts in May 2024, then quietly sold or exercised those options for a large profit as the stock rose. Radev voluntarily dismissed the suit without prejudice on July 1, 2024, just three days after filing, without a stated reason. Because the dismissal was without prejudice, the claims could in principle be refiled.