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KIRK KERKORIAN AND TRACINDA FIRM BELONGING TO HIM SANCTIONED OVER VIOLATION OF STOCK SALE RULES
Noyan Tapan
http://www.nt.am/news.php?shownews=117180
Se p 8, 2008
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. The U.S. Securities and Exchange
Commission sanctioned billionaire Kirk Kerkorian and Tracinda
firm belonging to him over the violation of stock sale rules in
2006. According to SEC, the violations were committed during the sale
of General Motors Corp. stock belonging to Kerkorian, as a result of
which GM's shares now trade at less than half the price they did. The
type of sanctions or their monetary value is not mentioned in the
report. It is stated that Tracinda firm did not announce itself guilty.
From: Emil Lazarian | Ararat NewsPress
Noyan Tapan
http://www.nt.am/news.php?shownews=117180
Se p 8, 2008
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. The U.S. Securities and Exchange
Commission sanctioned billionaire Kirk Kerkorian and Tracinda
firm belonging to him over the violation of stock sale rules in
2006. According to SEC, the violations were committed during the sale
of General Motors Corp. stock belonging to Kerkorian, as a result of
which GM's shares now trade at less than half the price they did. The
type of sanctions or their monetary value is not mentioned in the
report. It is stated that Tracinda firm did not announce itself guilty.
From: Emil Lazarian | Ararat NewsPress