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Corel CEO Charged with Insider Trading

Earnings, IPOs, and the like

from the oops,-he-says dept

Fri, Oct 15th 1999 4:21am — Mike Masnick
Chalk up another one to stupidity. Turns out Corel CEO, Michael Cowpland, cashed in a fairly large amount of stock shortly before Corel announced much weaker than expected earnings. Chances are that's securities fraud. Yet another sign of tech execs thinking the rules really don't apply to them.

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