Martha Stewart and Peter Bacanovic Settle SEC's Insider Trading Charges: "Washington, D.C., Aug. 7, 2006 - The Securities and Exchange Commission today announced that it has reached an agreement to settle insider trading charges against Martha Stewart and Peter Bacanovic relating to Stewart's sale of ImClone Systems stock in December 2001. Under the settlement, Stewart agrees to an injunction, disgorgement of losses she avoided, and the maximum penalty of three times the losses she avoided, for a total of about $195,000 in monetary relief"
Monday, August 07, 2006
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment