NEW YORK CITY (Reuters) – The UNITED STATE Securities and Exchange Commission billed a earlier Foot Locker exec on Tuesday with knowledgeable buying and selling, stating he marketed temporary the service provider’s provide earlier than 2 revenues statements in 2023.
In a problem submitted in Manhattan authorities court docket, the SEC claimed Barry Siegel, that had really been a Foot Locker aged supervisor of order preparation monitoring, loved larger than $112,000 of earnings by buying and selling on product nonpublic particulars that really useful Foot Locker’s outcomes would definitely let down financiers.
(Reporting by Jonathan Stempel in New York)