The Ontario Securities Commission approved a settlement agreement Thursday in which Helen Kuszper, who was a senior accountant in Kingsway’s investment reporting group, admitted she became aware of the company’s poor first-quarter financial results more than a week before they were released in early May of 2008.
Knowing the bad numbers would likely depress Kingsway stock when they were released, she and her son Paul – who was an accountant in Antigua – traded options on Kingsway shares.
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