According
to
court
documents,
28-year-old
Spencer
Freeman
posted
numerous
messages
on
Twitter
and
online
bulletin
boards
about
Gulf
Keystone
between
June
2011
and
May
2012,
Dow
Jones
reported.
The
messages
culminated
in
a
claim
on
9
May
that
the
company
was
preparing
to
raise
cash
by
issuing
shares
at
a
price
of
£1.60,
a
22%
discount
to
its
closing
share
price
the
previous
day.
Shares
in
Gulf
Keystone
plunged
by
as
much
as
9%
that
day
and
remained
down
until
the
company
refuted
the
claims
in
a
regulatory
filing
10
May.
Gulf
Keystone
said…
