Forum Post: AT&T Insider Trading
Posted 13 years ago on Nov. 16, 2011, 10:40 p.m. EST by ADrummer
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Yet another example of corporate monsters getting richer and richer..I doube very seriously anyone was protecting him... (sarcasm)
Former AT&T CEO, John Zeglis was buying a multitude of stocks within the company just months before AT&T sold to Cingular, which at the time was a less successful company (nobody had known AT&T was about to sell yet). This is insider trading, and Zeglis made millions off of stocks alone, yet nobody ever said a word about it. The records will show.
Why has nobody looked into this? Who's protecting John Zeglis? Who's protecting AT&T?
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