Mr. Menezes had access to better information than the public did about Argentina. He knew the company was going to miss analysts' earnings expectations.
Mr. Menezes had access to better information than the public did about Argentina. He knew the company was going to miss analysts' earnings expectations.
This case is a reminder that cashless exercise transactions are no different from other stock sales from a legal standpoint. Executives are under a duty not to trade when they have material information that the market does not.
© 2020 Inspirational Stories
© 2020 Inspirational Stories