NY Attorney General Launches Arbitron Stock Probe

Law360, New York (October 29, 2008, 12:00 AM EDT) -- New York's attorney general is reportedly taking a closer look at the radio ratings firm Arbitron Inc., launching an investigation into whether top executives inappropriately sold off stock before disclosing an adverse report about the company's new electronic ratings system.

Attorney General Andrew Cuomo is scrutinizing the stock sales of seven executives who sold some $8 million in stock last year before the company revealed that the release of its electronic radio ratings system, called the Portable People Meter, would be delayed, the Wall Street Journal...
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