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Nosirrah Management, LLC v. AutoZone, Inc. et al
Case Number:
2:24-cv-02167
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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April 15, 2025
Ex-AutoZone CEO Beats Investor's 'Short Swing' Profits Suit
AutoZone's former CEO has beaten an investor's suit accusing him of making $1 million in short-swing profits trading in the company shares at the expense of the company, with the judge ruling the transactions were exempt from certain insider trading rules.
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November 18, 2024
Ex-AutoZone CEO Must Face $1M 'Short-Swing' Profit Suit
A Tennessee federal judge said a former AutoZone Inc. CEO must face an investor suit seeking to recover over $1 million in alleged "short-swing" trading profits on behalf of the company, saying the shareholder has plausibly alleged that the ex-CEO's trades were not exempt from certain insider trading rules.
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March 14, 2024
Ex-AutoZone CEO Sued Over $1M In 'Short-Swing' Profits
Car parts retailer AutoZone Inc. and its former CEO face an investor suit seeking to recover "short-swing" trading profits on behalf of the company that the onetime executive should allegedly be required to hand over.