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Browse: Home / 2019 / March / 13 / Former Tesla employee hints at insider trading with SEC whistleblower tip

Former Tesla employee hints at insider trading with SEC whistleblower tip

By Securities Docket on March 13, 2019, 7:56 am

No matter how much they may want, Tesla and the company’s chief executive, Elon Musk, just can’t put last year’s brief effort to take the electric carmaker private behind them.

The latest example of that came Monday, when it was revealed that Sean Gouthro, a former Tesla employee, filed a whistleblower report with the Securities and Exchange Commission alleging that multiple Tesla officials knew about Musk’s plan to take Tesla private for several days before Musk made his intentions known via Twitter. The allegations suggest that Tesla officials could have used that information to trade on the company’s stock in advance of Musk’s plans being made public.

via Former Tesla employee hints at insider trading with SEC whistleblower tip.

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Posted in SEC, Top | Tagged Insider Trading, Tesla, Whistleblowers

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