Choice Hotels enhanced with insider trading:The SEC has accused a former Vice-President of Choice Hotels International, Inc. and an Arizona property professional roots insider trade and deposit of the negative news on the earnings of the company.
The SEC alleged that assisted Mary Beth Knight, while considered a Vice President at Choice Hotels, a meeting of June 2006 of executives at the projections of the results of the second quarter of 2006 profits disappointing. According to the SEC, in breach of the duty to the company and its shareholders, sold shares of 12,000 Knight of Choice Hotels, avoiding losses of more than $ 140,000, that she would have suffered.. Choice Hotels enhanced with insider trading
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