• Home
  • News
  • Frist Cleared in Insider Trading Probe

Article

Frist Cleared in Insider Trading Probe

Posted Apr 27, 2007 11:08 AM CDT
By Debra Cassens Weiss

  • Print
  • Reprints
  • Share

Federal prosecutors have cleared former Senate Majority Leader Bill Frist of any wrongdoing in his sale of stock in a hospital chain, the Washington Post reports.

Frist had sold shares in the chain founded by his brother and father days before its stock price fell. E-mails showed he had put the sale in motion months before he became aware of the company’s financial problems.

Comments

Add a Comment

We welcome your comments, but please adhere to our comment policy. Flag comment for moderator.