The U.S. attorney's office in Manhattan has launched a criminal investigation of whether company executives made improper trades in their companies' shares, the Wall Street Journal reports. The investigation involves seven executives named in a recent Wall Street Journal article about executives making trades just before the release of bad news about the company. According to the Journal, the Securities and Exchange Commission is investigating one of the executives cited in the article, VeriFone CEO Douglas Bergeron.
See the full story here.
|
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.