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I didn't remember the CIO being implicated in dumping stocks. Sure enough, a bit of Googling reveals that he wasn't among the original three that were so widely
by randomdrake 9y ago
I didn't remember the CIO being implicated in dumping stocks. Sure enough, a bit of Googling reveals that he wasn't among the original three that were so widely reported.
Will be interesting to see if anything comes from the other executives who dumped their stock:
* John Gamble, Jr. - Chief Financial Officer
* Rodolpho Ploder - Workforce Solutions President
* Joseph Loughran - Chief Marketing Officer
The series of events mentioned in the article say that he texted someone about it before it happened, and that he was searching Google for stock price information.
Maybe the other three didn't leave a clear enough trail or they just haven't been charged, yet? I would hate to think that just dumping all of the charges on the "tech guy" for everything would be what happens here.
- gascan 9y agoI would hate to think that just dumping all of the charges on the "tech guy" for everything would be what happens here. Remember when the entire worldwide VW cheating & coverup scandal was uncovered, and it was blamed on a single engineer? Thank god there was a preponderance of evidence that was bullshit- but it illustrated that exact knee-jerk reaction nicely. One can only imagine it works most of the time, otherwise they wouldn't try to pull it every time.