Wolves of Wall Street Circle Operator

Wall Street is rife with rumours that diversified Greek operator NewLead Holdings may be on the fringe of losing its listing.  Renewed uncertainty about the future of the owner’s Nasdaq-quoted shares follows a trading halt that officials implemented prior to the opening bell Thursday morning. In a cryptic statement the exchange said the suspension would be lifted when a request for “additional information” was satisfied. Some accused management of orchestrating a ‘pump-and-dump’ scheme but others believe the suspension relates to confusion surrounding inconsistencies in recent regulatory filings or something else that is far less nefarious.