2008-06-12 Following the decision of the Lithuanian Securities Commision, Investment Game 2008 organizers withdraw the first place title from Danguolė Meiženė.
Following the decision of the Lithuanian Securities Commission, Investment Game 2008 organizers decided to withdraw the first place title from Danguolė Meiženė and to nullify all her results.
This person was conceded being involved in manipulating the real stock market. Unfortunately, Investment Game organizers were not physically capable of identifying these violations during the game process.
As a result, during the Investment Game 2009, SSE Riga Investment Fund will cooperate with the Financial Supervisory Authorities in all the Baltic States to prevent such cases, if any. Furthermore, severe rule changes will follow.
Lastly, the main goal of Investment Game is to spread financial education and encourage practical learning. Thus, the organizers will not tolerate any unfair play.