Quote:
Originally Posted by valo403
I'm not certain, but that seems like a scenario that would have some major insider trading complications.
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Not necessarily
Directors, Presidents, CEO's are allowed to buy and sell shares/bonds of their company as long as their transactions are based on public knowledge.
It is when they make investing decisions based on internal company information not available to shareholders or the general public that they go offside.
The public knows that CoG is issuing bonds, they know that GWI is threatening legal action and they know that the NHL has legal opinions that the transaction is legal.
Anyway, I really don't know, I'm not a law-talkin' guy.