Stock Loan Scandals May Not Be Enough To Draw SEC's Ire

Law360, New York (May 10, 2012, 7:50 PM EDT) -- Despite recent scandals at Green Mountain Coffee Roasters Inc. and Chesapeake Energy Corp. involving executives who took out loans against their stock, the U.S. Securities and Exchange Commission likely won’t crack down on the practice — leaving corporate boards to fend for themselves, experts say.

Green Mountain on Tuesday unceremoniously stripped Robert P. Stiller of his chairmanship after he sold about $130 million in company stock to meet a margin call on personal loans. The sale, provoked by a disappointing quarterly sales announcement, came during a...
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