Grand Cache execs accused of insider trading
Dec 08, 2011 | 04:37 PM
| Lisa Gordon
Tags
metallurgical coal,
Grande Cache Coal,
Marubeni,
Winsway Coking coal,
Robert Stan,
Lisa Gordon
PITTSBURGH — The Alberta Securities Commission (ASC) has alleged that a group of Grande Cache Coal Corp. executives engaged in insider trading.
Five executives at the Alberta, Calgary-based metallurgical coal miner and one family member allegedly traded in options and sold shares between late May and July 2008, knowing that first-quarter sales would be off by nearly 40 percent because they had access to materials that were not publicly disclosed, according to an ASC statement.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here