iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Report: US Launches Probe Into Stock Sales by Company Executives

“U.S. authorities, in response to a recently published Wall Street Journal article, are investigating certain stock sales made by several corporate executives, the newspaper reported, citing a person familiar with the matter.

Authorities are probing whether several executives benefited from share sales that occurred before bad news about their companies hit the market, sparing them declines in the value of their holdings, the Journal said.”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter