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Frauds and Scams > Acting In Concert
The following information is about Acting In Concert.
Acting In Concert Defined
More than one investor who work in concert to achieve an investment objective. A group of investors who wish to take over a company may act in concert to buy up the company's stock. This is legal as long as proper notification is made to the SEC. However, if the group is acting in concert to manipulate a stock's price for their own gain, it would be considered an illegal act.
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