Lawsuit accuses Roaring Kitty of deceiving his meme stock army

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Keith Gill—the meme stock influencer known as “Roaring Kitty” and “DeepF—Value” who has rallied millions on X and Reddit behind GameStop—now faces a lawsuit claiming that he knowingly deceived his loyal followers to reap millions of dollars in gains.

The proposed class action was filed Friday by Martin Radev, a GameStop investor who accused Gill of a “pump-and-dump scheme” that allegedly artificially rose prices of GameStop securities between May 13 and June 13. As a result, perhaps thousands of investors were harmed, including Gill’s followers, Radev’s complaint alleged, while speculating on the class size.

Radev’s complaint follows reports that E-Trade was considering banning Gill for suspected stock manipulation but reportedly feared backlash from Gill’s so-called meme stock army. According to the aggrieved investor, Gill’s scheme allegedly worked like this: