CFO Of Menu Foods Sold Half His Stock Before Recall

CFO Of Menu Foods Sold Half His Stock Before Recall

www.forbes.com

The chief financial officer of Menu Foods sold about half his shares in the company just three weeks before a massive recall of its pet food products, Canadian insider trading reports show.

CFO Mark Wiens sold 14,000 shares for $89,900 on Feb. 26 and Feb. 27. The shares are now worth about $54,000.

(visit the link for the full news article)


Related News Links:
consumerist.com

This story from Forbes goes on to almost explain away the reason he sold his stock, but this had been going on for enough time that people in the company had to know something.


www.forbes.com
(visit the link for the full news article)