BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Cardiovascular Systems, Inc. Probed Over Federal Insider Trading


5/1/2013 8:52:21 AM

Staying up-to-date has never been simpler. Sign up for the free GenePool newsletter today!

Cardiovascular Systems Inc. (CSII), a medical-device maker that a news report said is part of a probe of corporate insider investment vehicles, said it got requests for information from the U.S. government and is complying. The vehicles, known as 10b5-1 plans, let corporate insiders with access to nonpublic information trade in securities under predetermined arrangements. CSI said in a statement that it’s “readily providing” information requested by the government. “We have nothing to hide,” said Dave Folkens, a spokesman for the St. Paul, Minnesota-based company. CSI isn’t “the target” of an investigation and has corporate governance procedures in place to prevent insider trading, he said in a statement.

Help employers find you! Check out all the jobs and post your resume.


Read at Bloomberg
Read at Mercury News
Read at Wall Street Journal

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES