Facebook founder
The tech titan moved Monday to shield the price thresholds that trigger his automatic sales under “safe harbor” plans designed to let corporate leaders access liquidity without insider trading liability. The public can understand the long-running shareholder litigation without that highly confidential information, he said in a court filing.
The plans “are based on a proprietary algorithm and trading strategy that was designed in part ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.