SEC Eyes GGP Execs In Insider Trading Probe

Law360, New York (August 17, 2010, 7:22 PM EDT) -- Federal securities regulators are investigating possible insider trading violations by current and former officers and directors of bankrupt mall operator General Growth Properties Inc.

GGP said Tuesday in a revised reorganization plan filed in the U.S. Bankruptcy Court for the Southern District of New York that a formal investigation by the Securities and Exchange Commission was a continuation of an informal inquiry that the agency launched in October 2008 when the company had problems refinancing its debt amid the retail slump and tight credit markets....
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