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.....

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