SodaStream CEO Allegedly Profited From Insider Trading

Discussion in 'Wall St. News' started by dealmaker, Oct 11, 2019.

  1. dealmaker

    dealmaker

    SodaStream CEO Allegedly Profited From Insider Trading (Haaretz.com)
    The allegations that Daniel Birnbaum, the former SodaStream international CEO, helped an associate earn 156,000 shekels ($44,500) in insider profits on the company’s stock captured the headlines when news of it surfaced last month. Birnbaum is alleged by Israel Securities Authority investigators to have given Ayala Sara Cohen advance information on corporate earnings and the impending deal by PepsiCo to buy SodaStream.
     
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