A Checklist For Insiders Looking To Buy Company Stock
By Lillian Brown, Meredith Cross, Glenn Pollner, Erika Robinson and Jonathan Wolfman (April 24, 2020, 5:19 PM EDT) -- While corporate stock buybacks, as well as dividend payments, are receiving significant scrutiny in the face of the coronavirus pandemic as companies look to preserve cash, the same is not currently true for stock purchases by corporate insiders.
The Wall Street Journal reported on March 26 that more than 2,800 executives and directors had purchased nearly $1.19 billion in company stock since the beginning of March, representing the third-highest level on both an individual and dollar basis since 1988, citing data sourced from the Washington Service, a firm that provides data analytics about trading activity by insiders.
CNBC, which also reported...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!