Allegations Against Getty Images Holdings, Inc. (NYSE: GETY)

Johnson Fistel LLP’s investigation seeks to determine whether Getty Image’s senior officers or members of its board of directors harmed the company by breaching their fiduciary duties or otherwise violating securities laws in connection with the foregoing alleged conduct.

A former technology executive has pleaded guilty to a single count of fraud involving a scheme to artificially inflate the share price of photo and video distributor Getty Images, federal officials said Friday.
Robert Scott Murray, who was chief executive of the networking-equipment maker 3Com for several months in 2006, was charged with securities fraud for an alleged attempt to manipulate Seattle-based Getty’s share price. Murray owned roughly 300,000 shares of Getty Images Holding Inc. in April 2023, according to a Department of Justice statement alleging that the investor sought to boost Getty’s stock in order to unload his position for a greater profit.