Massachusetts fines MassMutual $4.75 million over ‘Roaring Kitty’ case
September 16, 2021 at 23:26 PM EDT
A MassMutual investment subsidiary has agreed to pay $4.75 million to resolve allegations by Massachusetts securities regulators including that it failed to supervise its agents, among them the social media persona “Roaring Kitty,” whose online posts helped spark January’s trading frenzy in GameStop shares.
