Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Wednesday, June 27, 2007

Former Countrywide Financial Executives Admit Insider Trading

Three former executives at Countrywide Financial Corp. have agreed to plead guilty to insider trading charges for trading in their company's stock after they learned that the company's third quarter 04 results were below analysts' expectations.  See NYTimes, 3 Ex-Officers at Bank Admit Insider Trading.

http://lawprofessors.typepad.com/securities/2007/06/former-countryw.html

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