NEW YORK CITY (Reuters) – The UNITED STATE Securities and Exchange Commission billed a earlier Foot Locker exec on Tuesday with skilled buying and selling, stating he marketed transient the service provider’s provide earlier than 2 revenues statements in 2023.
In a problem submitted in Manhattan authorities court docket, the SEC claimed Barry Siegel, that had truly been a Foot Locker aged supervisor of order preparation monitoring, loved higher than $112,000 of earnings by buying and selling on product nonpublic particulars that beneficial Foot Locker’s outcomes will surely let down financiers.
(Reporting by Jonathan Stempel in New York)
