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View Full Version : Menu Foods (pet food recall) CFO sold off stock just a couple weeks before recall


kaiser soze
04-10-2007, 01:19 PM
http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20070410/menu_foods_070410/20070410?hub=TopStories

The chief financial officer of Menu Foods Income Fund says it was a "horrible coincidence" that he sold nearly half his units in the pet food company less than three weeks before a massive product recall.

Insider trading reports confirm that Mark Wiens sold 14,000 units, or 45 per cent of his stock, for $102,900 on Feb. 26 and Feb. 27, reports The Globe and Mail. The shares would be worth $62,440 at current prices.
Test subjects were succumbing about a month before the recall was started, so it's more than likely this fucking piece of pig shit knew what he was doing.

abcdefz
04-10-2007, 01:20 PM
Maybe Martha Stewart's cell is still warm.