Word: lamont
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Lamont's trial will open Monday in the New York Federal District Court. If the court finds that stock was purchased as a result of with-held or misleading information, the defendents will be ordered to reimburse the sellers...
...suit covering this purchase, like the earlier charge, rests on the allegation that Lamont, an "insider," was involved in stock transactions based on information not made public. In the case of the new charge, however, there is some question as to what constitutes public knowledge...
...trial brief, maintained that a "reasonable amount of time" had not elapsed between the press conference and Lamont's purchase. The investing public, it said, did not have time "to evaluate the development and make investment informed decision...
...Lamont bought 3000 shares of stock for himself on April 16, 1964--the same morning that Texas Gulf Sulphur had held a public news conference to announce the rich Timmins ore discovery...
...Lamont, however, said in a statement issued Tuesday that his purchase of Texas Gulf Sulphur shares had been made only after "announcement of the ore find had been widely disseminated through a variety of media...