PolitiFact - CEOs didn’t resign to trade stock on COVID tip
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CEOs got advance notice of COVID, then resigned to dump stock.
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The post listed 14 companies. But only two had CEOs who stepped down from their posts, and left their companies, since the coronavirus first surfaced in China. We found no evidence that CEOs’ departures were related to the coronavirus or that they sold company stock after receiving advance information about it.
References
https://www.politifact.com/factchecks/2020/apr/13/facebook-posts/ceos-didnt-resign-trade-stock-covid-tip/https://www.politifact.com/factchecks/2020/apr/13/facebook-posts/ceos-didnt-resign-trade-stock-covid-tip/
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