Category: laidoff
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Laid-off Foot Locker employee made $100,000 after shorting stock, SEC says
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Financial Regulatory Bodies Charged NEW YORK — A 56-year-old New York man was charged with insider trading Tuesday, alleging the CEO knew in advance that Foot Locker’s disappointing results would Profits That could trigger a selloff in shares. In all, authorities said the executive made about $113,000 — and now…