Foot Locker executive conducted insider trading
Foot Locker Executive Conducted Insider Trading After Being Fired, SEC Says
In a complaint filed in Manhattan federal court, the SEC said Barry Siegel, who had been a Foot Locker senior director of order planning management, reaped more than $112,000 of profit by trading on material nonpublic information that suggested Foot Locker's results would disappoint investors.
Discover why Foot Locker's stock has dropped, its new strategies, and potential for upside in the volatile retail sector.
Per the Securities and Exchange Commission, Barry Siegel shorted the sneaker and apparel brand’s stock twice, once while he ...
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