Back to Search Start Over

ImClone's Ex-CEO Arrested, Charged With Insider Trading.

Authors :
Anand, Geeta
Markon, Jerry
Adams, Chris
Lublin, Joann
Landers, Peter
Source :
Wall Street Journal - Eastern Edition. 6/13/2002, Vol. 239 Issue 115, pA1. 0p. 1 Black and White Photograph.
Publication Year :
2002

Abstract

Reports that Samuel Waksal, former chief executive officer of ImClone Systems Inc., was arrested and charged with insider trading. Allegations that Waksal sold his stock in ImClone and tipped off family members after learning that federal regulators would soon reject the company's cancer drug; Fact that Martha Stewart, a friend of the Waksal family, sold many shares of ImClone the day before the regulatory rejection was announced; Implications for the biotechnology industry.

Details

Language :
English
ISSN :
00999660
Volume :
239
Issue :
115
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
6805632