| With Larmore on Trial for
WeWork Fraud Tiffs About Drunk
Driving and 3500 Material
by
Matthew Russell Lee, Patreon Book
Substack
SDNY
COURTHOUSE,
Oct 16 – Seven months
ago, Manhattan Federal
prosecutors unsealed an
Indictment charging JONATHAN
MOYNAHAN LARMORE with tender
offer fraud and securities
fraud in connection with
LARMORE’s announcement of a
fake tender offer to
manipulate the stock price of
WeWork, Inc.
They said
LARMORE is alleged to have
announced a false $77 million
tender offer for WeWork stock,
news of which immediately led
investors to buy WeWork stock
at fraudulently inflated
prices during after-hours
trading, in an effort to drive
up the value of his WeWork
call options and
shares. On October
16, with the trial on before
U.S. District Court for the
Southern District of New York
Judge Paul A. Engelmayer Inner
City Press live tweeted to the
end of the trial day - and
beyond, when it got
interesting, here on X for
Subscribers and on Substack
here. First, the thread:
AUSA: What did
you mean here, "Get it live"?
Witness: Get the website up.
Get it indexed in Google.
AUSA: And these messages?
Witness: It's me and Jon
Larmore, launching the web
site. He asked me to call him.
AUSA: What did
you discuss? Witness: The
press release AUSA: Then what
did you do? Witness: I found I
needed a press release agency.
I Googled and found
BusinessWire.
AUSA: What do
they do? Witness: Help get
articles out to like Yahoo
News and big blogs. AUSA: GX
1307, you texted Mr. Larmore
about it? A: Yes AUSA:
What were they proposing?
Witness: To acquire over 50%
of WeWork. Judge: Let's break
here.
Then things began
to get interesting But wait
there's more: with jury gone,
AUSA tells judge Larmore get a
Mr. Cochrane & his family
T-shirts about "Getting
Larmored, meaning getting
blind truck. This witness was
on the yacht on Nov 3, it was
said, the SEC is going to be
mad
Even more: The
defense lawyer objects to the
AUSA talking about a couple
moving their young child while
drunk - home was nearby, it
was a stroller, not a car,
lawyer says, adding that "I've
been accused of it too and I
don't appreciate it." Judge:
Don't go there.
More here
on X for Subscribers and on
Substack here
The case is US v.
Larmore, 24-cr-140
(Engelmayer)
***
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