Heartland Now Under SEC Investigation
source: http://information-security-resources.com/2009/02/26/heartland-now-under-sec-investigation/
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- Paisano1
- added this
“The investigation may relate to stock trades made by Heartland Chairman and CEO Robert Carr after Visa notified Heartland of suspicious activity on Oct. 28, 2008. According to insider trade filings, Carr sold just under US$8 million worth of stock between Oct. 29 and the day the breach was disclosed. Heartland’s stock was trading in the $15-to-$20 range for most of these transactions, but it dropped following the breach disclosure. It closed Wednesday at $5.49.”
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- groups:
- News and Politics, WTF, Crime
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- tags:
- News and Politics, WTF, Finance, Crime, 6 more
