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Senior SCO executives have been dumping personal holdings in firm since June, US Securities and Exchange Commission (SEC) filings show. Since SCO launched legal action against IBM, its share price has sky-rocketed. [ZDNet CNET News.com]
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SEC filings show that SCO Group executives have been cashing in their personal holdings--taking advantage of the company's rising shares after its suit against IBM.
SCO execs cash in on suit spotlight
: Jul 29, 2003 3:17:00 PM
Senior SCO Group executives have been dumping their personal holdings in the company since June, U.S. Securities and Exchange Commission (SEC) filings have revealed.
Since SCO launched its legal action against IBM, claiming that Big
New S-3 filed as part of BayStar deal, allows for converting BayStar preferred stock to regular stock, so SCO had to register another 3.85 million shares for sale. [US Security and Exchange Commission, SEC]
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Use these links to rapidly review the document
As Filed: November 17, 2003
SECURITIES AND EXCHANGE COMMISSION
UNDER THE SECURITIES ACT OF 1933
(Exact Name of Registrant as Specified in its Charter)
(State or other jurisdiction of
incorporation or organization)
355 South 520 West, Suite 100
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SCO, firm embroiled in legal actions with Linux and Unix, announces $50 million investment by BayStar Capital, a reversal of plans it stated in May; will use funds for software development, legal and licensing costs. [CNET News.com]
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SCO Group, the company embroiled in legal action around Linux and Unix, announces a $50 million investment by BayStar Capital, marking a reversal of plans it discussed in May. A CNET article by Stephen Shankland, Staff Writer, CNET News. Published on October 16, 2003 6:05 PM PDT.
October 16, 2003 6:05 PM PDT
SCO gets $50 million investment
SCO Group, the company embroiled in legal action around Linux and Unix, announced a $50 million investment by BayStar Capital on Thursday, marking a reversal of plans it discussed in May.
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List of all such stock trades since 2002 that author could find, sorted by publishing date, compiled from SEC public records, about $1,375,654 in sales since March 2003. [Groklaw]
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When you want to know more
but don't know where to look.
IANAL. I am a paralegal, so if you have a legal problem
and want advice, this isn't the place. Hire an attorney
instead. Research is , however, what paras do, so here
I am sharing things I have found in my research.
Here's a list of all
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Link to story, useful forum comments, on ZDNet finally looking at SCO stock insider trading. [LWN: Linux Weekly News]
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SCO execs cash in on suit spotlight (ZDNet)
[Posted July 29, 2003 by corbet]
Bear with us as we put up
. ZDNet has finally gotten around to looking at insider trading in SCO stock. " Considering the company has only 13.5 million shares floating around, it is conceivable that the issuance of 45
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