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How A PR Error Might Absolve Kodak Of Insider Trading Charges

Mintz Member and Co-chair of the firm’s Securities Litigation Practice Jack Sylvia was quoted in an article published by Forbes discussing the purpose of the U.S. Securities and Exchange Commission (SEC)’s Regulation Fair Disclosure (Reg FD) as it pertains to an SEC investigation into possible insider trading after shares of Kodak surged prior to an official announcement that the company would receive a loan from the Trump administration to shift its manufacturing efforts into the pharmaceutical industry, as the press release was distributed to media early and without an embargo date.