Victim: Rick Smith

Victim - Individual
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Rick Smith, founded Axon Enterprise (formerly TASER International) in 1993. As the TASER device became ubiquitous in law enforcement, Smith pushed the company beyond weapons technology and toward a broader purpose of using hardware, software, and artificial intelligence to make the world a safer place. Smith graduated from Harvard with a BA in biology and later earned a master’s in international finance from the University of Leuven in Belgium and an MBA from the University of Chicago.

In 2001, Shareholders of Taser International Inc. struck a settlement in Georgia on Monday with a host of Wall Street firms that they alleged
conspired to short-sell the weapons producer’s stock and flood the market with counterfeit shares. The deal will end the investors’ suit against Bank of America Securities LLC, Bear Stearns Securities Corp., Credit Suisse USA Inc., Deutsche Bank Securities Inc., Goldman Sachs Group Inc., Merrill Lynch, Pierce Fenner & Smith Inc., Morgan Stanley & Co. Inc. and UBS Securities LLC.
The plaintiffs filed their suit in Georgia state court in 2008, accusing the financial firms of violating the Racketeer Influenced and Corrupt Organization Act.

BofA, Goldman, Others Settle Taser Short-Selling Suit

Rick Smith, CEO and Founder, Taser (Video Interview)

Book:The End of Killing

 

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