Did Execs at EADS Get Greedy? at Parabolic Arc

Did Execs at EADS Get Greedy?

Published

on May 30, 2008

. Tags: EADS, insider trading, Noel Forgeard.

Ex-EADS Chief Forgeard Charged With Insider Trading
Bloomberg News

“Noel Forgeard, the former co-chief executive officer of European Aeronautic Defence & Space Co., was charged with insider trading for selling shares before disclosing production delays on Airbus SAS’s A380 jet…

“Forgeard was forced to quit his post at EADS two years ago after news that problems with cabin wiring would delay the 525- seat A380’s introduction led the shares to fall 26 percent. As many as 17 other executives at EADS and its Airbus unit are under investigation in a related civil case.”

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