His shareholder letter announcing the April 1 financials, and his remark that everyone would be happy with the results was obviously stock price manipulation. There is no question he knew that a $2.75MM settlement revelation would drop the share price like a rock, after the market was expecting a number at least 4 to 10 times that amount. It would be interesting to find out how many insiders sold into that increase on the manipulation.
All information provided is the opinion of this poster from review of information in the public domain.