Pumped up the stock then got out while he could. Talk about fraud.
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https://www.sec.gov/Archives/edgar/data/931336/000110465916142667/a16-17817_18k.htm
https://www.sec.gov/Archives/edgar/data/931336/000093133619000007/df-20181231x10kxexx1028.htm
New CSO never showed up to work and made well over $1M in less than a year. There has been a run on Dean Foods by executives and their “buddies” over and over again that has been close criminal. Not sure how it’s legal for this to occur. I hope someone does a case study to highlight all of the people who lined their pockets and drove the company into the ground. It’s all public information.
Didn't see anything anywhere about CEO selling his stock. But the 10-Q form filed with the SEC today stated that the executives are being paid their full annual bonuses early (tomorrow) and that they are being given an additional bonus if they stick around until next March or any sale is finalized. Bonuses for failure and mismanagement.