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Former Funcom CEO Trond Aas under investigation for possible insider trading
By mike on News from www.vg247.com
The CEO of The Secret World developer left his position as CEO the day before the MMO launched, according to The Escapist via NewsWeb.no.
On July 2, Aas steeped down from his CEO position to become a “strategic advisor” and chief strategy officer, a move which allowed him to sell his 1.5 million shares of Funcom stock, 650,000 of which he ended up offloading.
Stock in the firm was worth $17.60 when Aas stepped down. Yesterday, it was worth $2.17 a share.
On July 2, Aas steeped down from his CEO position to become a “strategic advisor” and chief strategy officer, a move which allowed him to sell his 1.5 million shares of Funcom stock, 650,000 of which he ended up offloading.
Stock in the firm was worth $17.60 when Aas stepped down. Yesterday, it was worth $2.17 a share.
The Secret World
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