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Depot’s illegal
disclosure deeds

SEC slap Odland’s wrists for serious leaks and overstating vendor rebates

 

21 Oct 10
The Securities and Exchange Commission (SEC)
today announced enforcement actions against Office Depot , CEO Steve Odland and ex-CFO for violating disclosure regulations by informing investment analysts that the company would not meet analysts' earnings estimates facilitating a share price fall and thus a buying opportunity for insiders…

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