When Cigna released its second-quarter financial performance on Aug. 5, 2021, its stock dropped by 13%, and Ferrie "realized an approximately 236% profit of $16,039.78 on his investment of $6,782.05," the complaint said.
September 18, 2023 at 05:17 PM
2 minute read
Litigation Reporter
A former Cigna financial controller accused of insider trading using nonpublic information he learned on the job agreed to pay more than $33,000 to settle the charges.
This complaint was surfaced on Law.com Radar.
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Cigna headquarters in Bloomfield, Connecticut. Credit: askarim/Shutterstock.com
