Billionaire Offloads Meta, Buys Tech Stock Amidst Bank Fraud Claims
Billionaire Offloads Meta, Buys Tech Stock Amidst Bank Fraud Claims
Billionaire investor Chase Coleman, founder of Tiger Global Management, has made a significant shift in his portfolio, dumping approximately $3.49 billion worth of Meta Platforms (META) shares. This move comes as he increases his stake in a tech stock that has seen its value double in the last six months.
Separately, a report highlights a dispute between a couple from Stone Mountain, Georgia, and Wells Fargo. The couple claims the bank denied their fraud claim for over $5,000 in unauthorized charges, triggering a battle for reimbursement.
The founder of investment firm Tiger Global Management, Chase Coleman, is offloading a massive stake in Facebook’s parent company while loading up on a tech stock that has rallied massively over the past couple of months. According to Securities and Exchange Commission (SEC) filings, Coleman dumped shares of Meta Platforms (META) worth approximately $3.49 billion [...].
A couple from Stone Mountain, Georgia says Wells Fargo denied their fraud claim for more than $5,000 in unauthorized charges made hundreds of miles from their home. According to local Atlanta news outlet WSB, Debbie Stanhouse says she regularly monitors the family’s checking account and quickly spotted suspicious activity. “I said, ‘Jim, we have got [...].