Lawsuit against company and CEO for insider trading
How long will it take to sue the company and ceo for insider trading. CEO unloads stock at a breakneck pace.
Do you really think that he didn't know what the results would be. I await multiple LAWSUITS!
Wow that is some furious and consistent inside dumping by the CEO. Likely perfectly legal but the classic red flag warning to shareholders to follow the leader and dump those shares. And now you know why........
Classic sign of a company that exists for the enrichment of the boss and it's the shareholders job to swallow the bilge. I just wish this hidden dog had been on my radar to short to hell with pleasure. Love betting against pigs like your CEO. The fact that he can't predict or manage expectations worht a dam is so par for the course for types like him. Congratulations to the shorts here for seeing the truth of the matter. Condolences to longs who sat and watched the chief dumping hard and just sat there holding his bag.
But for the last many months CEO knew how bad business was and didn't inform stockholders - lawyers are lining up and he is in serious trouble. Maybe worse case of insider trading i have seen - see what the board of directors does with him in the next few days.
CEO had to sell some shares as his salary is only $1.2 mil/yr. He really does have a poor record of running the company. However, it is our problem as we chose poorly! Drones are a competitive field. Large companies have a lot more resources. I think they are taking the business from AVAV. (AVAV would never admit that).