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CHECHELE v. HAYNE et al
Case Number:
2:11-cv-00379
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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June 20, 2011
Securities Case Against Urban Outfitters Head Survives
A Pennsylvania federal judge on Monday kept alive a suit accusing Urban Outfitters Inc.'s Chairman Richard Hayne of illegally reaping $5.28 million in so-called short swing stock profits on a quick sale.
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January 24, 2011
Urban Outfitters Chair Sued Over Short Swing Profits
An Urban Outfitters Inc. shareholder has sued the clothing retailer and Chairman Richard Hayne, claiming $5.28 million in so-called short swing stock profits that he garnered should have been returned to the company.