Home » Business » Bed Bath & Beyond CFO who leapt to his death accused of 'pump and dump' to inflate company's stock value
Bed Bath & Beyond CFO who leapt to his death accused of 'pump and dump' to inflate company's stock value
First responders and police on scene at Manhattan’s Jenga buiding following Bed Bath and Beyond exec’s suicide
Bed Bath and Beyond CFO Gustavo Arnal ID’d as man who jumped from NYC building. (Peter Gerber for Fox News Digital)
This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at 988 or 1-800-273-TALK (8255).
The executive vice president and chief financial officer of Bed Bath & Beyond who plunged to his death from the 18th floor of a New York City skyscraper on Friday was the subject of a class action lawsuit alleging that he and majority shareholder, Gamestop Chairman Ryan Cohen, had artificially inflated the company’s value in a "pump and dump" scheme.
Gustavo Arnal, 52, and Cohen, are listed as defendants in the class action lawsuit filed last month in the United States District Court for the District of Columbia.