November 20, 2008
CIT Group says execs terminate stock-trading plans
WASHINGTON (MarketWatch) -- CIT Group Inc. (CIT) disclosed Thursday that Vice Chairman and Chief Financial Officer Joseph M. Leone and Vice Chairman of Specialty Finance Thomas B. Hallman have terminated their stock-trading plans. Link to original articleNew Century: U.S. Probing Stock Trading
Subprime mortgage lender New Century Financial Corp. on Friday disclosed that a federal prosecutor and the New York Stock Exchange are conducting investigations into trading in the company's stock.
OSC rejects settlement with Melnyk
The Ontario Securities Commission has rejected a proposed settlement with Biovail chairman Eugene Melnyk for alleged violations of stock trading rules.
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