This is KCBS Radio's daily Tech and Business Report. Today, KCBS Radio news anchor Holly Quan spoke with Bloomberg's Avalon Pernell.

A class action lawsuit has been filed against the stock influencer known as Roaring Kitty. The suit accuses Keith Gill of orchestrating what's called a 'pump and dump scheme'.

You can hear our Tech and Business Report weekdays at 12:30 pm on KCBS Radio and for more, tune into Bloomberg Technology weekdays at 8 am.