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March 20, 2020
Senators’ Stock Sales Raise Corporate Insider Trading Concern
Bloomberg Law
In an article published on March 20, 2020 in Bloomberg Law, Columbia partner Cory Manning discusses the potential insider trading by corporate executives after U.S. senators sold stock in light of coronavirus concerns.
Government assistance “increases the amount of available non-public information,” Manning said. “The more there is, the more possibilities there are for insider trading. Ultimately, the risk hinges on the character of a company’s directors and board members,” he added.
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