Alleged Bomb Threats Aimed at Pumping Up 3Com Stock
An Iowa man was arrested this week for sending unarmed explosives and menacing letters to investment firms, with threats of actual violence if the firms did not act to raise 3Com's stock price.More here.
Using the signature "The Bishop," John P. Tomkins, a 42-year-old machinist from Dubuque, is accused of sending threats and the unarmed explosives to investment firms, including American Century Investment Management in Kansas City and Chicago-based Perkins, Wolf, McDonnell and Co., which advises Denver-based Janus Capital. One letter stated: "I need for you to start buying stock in 3Com Corporation (COMS). You have until October 31 to get the price to 6.66. … it MUST be done by then. NO EXCUSES."
posted by Fergie @ 4/26/2007 01:08:00 PM
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