First on CNN: Environmental group files SEC complaint about mining company stock trades days before major EPA announcement - News Summed Up

First on CNN: Environmental group files SEC complaint about mining company stock trades days before major EPA announcement


A company spokesman for Northern Dynasty denied any wrongdoing by company officials and called the allegations "entirely false and without merit." While EPA's employees may have been surprised by the announcement, Earthworks' complaint points to a dramatic rise in the volume of Northern Dynasty stock trades in the week before. Northern Dynasty has denied that its CEO released any inside information. Sean Magee, an executive vice president and spokesman for Northern Dynasty, denied that any company official traded on insider information. Just days after CNN contacted the company, the online posts related to the CEO's comments were removed from the stock tip website.


Source: CNN October 21, 2019 22:52 UTC



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