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Article: Freddie Mac CEO Greg Parseghian Comments on Stock Trades.
- Article from:
- PR Newswire
- Article date:
- August 15, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Freddie Mac today released the following statement from CEO and President Greg Parseghian regarding questions raised about his past sales of Freddie Mac stock:
A lawsuit filed by the plaintiffs' class action bar makes allegations regarding my prior sales of Freddie Mac stock. Because of inquiries regarding my past stock trades, I want to set the record straight. I have nothing to hide here. There are only three occasions on which I have ever sold Freddie Mac stock and I remain heavily invested in the company. One was a sale of less than 1,000 shares pursuant to an employee stock purchase program available to all Freddie Mac employees. On the other two ...