Early Stock Purchases

SEC Says CEO Profited $110 Million from Fraud

February 9, 2012
SEC Says CEO Profited $110 Million from Fraud

At the end of last year the Securities and Exchange Commission charged former CEO of Stiefel Laboratories with defrauding his employees more than $110 million. Now employees are suing to get their money back. While negotiating the sale of his company, Charles Stiefel began buying up stock from his employees at prices more than...

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Zynga CEO Beats Investors to Cash

December 16, 2011
Zynga CEO Beats Investors to Cash

Dec. 16, 2011 – The CEO of Zynga, the company that sells millions of dollars of imaginary animals and goods to gamers on Facebook and elsewhere, decided the company should buy some of his stock in March, months before it was to go public. Mark Pincus paid himself $109 million when he sold a...

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