YouTuber at Center of GameStop Surge Is Hit With Class Action Suit

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    YouTube/Roaring KittyKeith Gill, the Massachusetts financial educator turned basement YouTuber turned Reddit folk hero for his early investment in GameStop before a massive surge—and subsequent drop—in the company’s stock, is being sued in a class action suit.The suit, filed in federal court in Massachusetts, alleges that Gill “took on the fake persona of an amateur, everyday fellow, who simply was looking out for the little guy” in order to recruit investors to the short squeeze, thus constituting securities fraud.Gill—who has over 400,000 subscribers on his YouTube account, Roaring Kitty—was acting in his capacity as a securities broker for Massachusetts Mutual, according to the lawsuit.Read more at The Daily Beast.

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