AAC 0.36% $1.40 australian agricultural company limited.

The Joe Lewis affair and insider trading

  1. 12,865 Posts.
    lightbulb Created with Sketch. 1414
    It seems to be the weakness in AACO stock old may be in some part related to subject title

    Does it deserve to be trading at these levels

    Imo no


    Insider trading charges
    On 25 July 2023, United States attorney for the Southern District of New York Damian Williams announced that Lewis will be charged for multiple counts of insider trading. Lewis is accused of tipping off employees, associates, friends and romantic interests with non-public information about various entities, and lending some of them hundreds of thousands of dollars to trade on the privileged knowledge.[25][26] Lewis surrendered himself to the Manhattan authorities on 26 July.[27]
 
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