Kodak says New York AG has threatened to sue over alleged insider trading

Home > Business
By Megansoto in Business
Updated 3 years ago

New York Attorney General Letitia James has threatened to sue photography company Eastman Kodak and its CEO over alleged insider trading, the company revealed Monday. The expected lawsuit focuses on a series of stock purchases made by the company's top executive, Jim Continenza, ahead of a since-derailed $765 million deal with the US government to produce drug ingredients, Kodak said in its quarterly earnings report.

kodak-says-new-york-ag-has-threatened-to-sue-over-alleged-insider-trading