Law360 (September 28, 2018, 9:17 PM EDT) -- Executives and shareholders of a bitcoin mining business artificially boosted the company's stock price in a pump-and-dump scheme that involved exaggerating the success of the company’s onetime CEO, antivirus software inventor John McAfee, an investor said Friday in a proposed class action. Three weeks after the U.S. Securities and Exchange Commission filed a related suit, plaintiff Nathanael Klingberg launched the proposed class action in New Jersey federal court against MGT Capital Investments Inc. and the individual defendants, alleging their unlawful actions ultimately knocked down the company’s share price and harmed investors. “As a result of defendants’ wrongful acts and omissions, and...

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