Millennium Settles Charges of Illegal Short Selling in Advance of Stock Offerings
FOR IMMEDIATE RELEASE 2017-203
Washington D.C., Oct. 31, 2017 —
Investment advisory firm Millennium Management LLC has agreed to pay more than $630,000 to settle charges that it shorted U.S. stocks in companies planning follow-on offerings and then illegally bought shares in the follow-on offerings.
