Prosecution, financial regulators to jointly probe alleged massive stock manipulation
Apr 28, 2023
The prosecution and financial regulators will jointly investigate a suspected case of large-scale stock manipulation following the recent collapse of stock prices of eight companies, officials said Friday. The Seoul Southern District Prosecutors Office said it will form a joint inquiry team with the Financial Services Commission and the Financial Supervisory Service to investigate the suspicious trading allegedly led by an investment consulting firm. The stocks of the eight domestic companies ha