Concordia Healthcare Corp. T.CXR.R

Calling the regulators about curious insider selling action

[TheForces]

If you are in Canada, you can contact the regulators, which is the OSC.  Ask them if that arrangement for insider selling during a blackout period is legal, and if so, as them why?

https://www.osc.gov.on.ca/en/Investors_questions-complaints_index.htm

Local (Toronto)
Toll-free (North America)
TTY
Fax
E-mail 416-593-8314
1-877-785-1555
1-866-827-1295
416-593-8122 (Questions and Complaints)
[e-mail]

[oexel]

How many times is this going to come up.  He did not sell his shares but were sold on a margin call. You're free to speculate that this was prearranged but I think that's nonsense.  He would have had to prearrange that margin call before the strategic review, in which case he would have been way better off selling in the 30s as opposed to 11 and change.  I have first hand

[Hockeyz]

Concordia International Corp. Issues Statement On Sale Of Company Stock T.CXR, CXRX | August 22, 2016   Canada NewsWire OAKVILLE, ON, Aug. 22, 2016 OAKVILLE, ON, Aug. 22, 2016 /CNW/ - Concordia International Corp. ("Concordia" or the "Company") (NASDAQ

[TheForces]

Please do NOT put words in my mouth.  I am simply recommending that shareholders call the OSC and ask if this type of "arrangement" is legal. Why are you objecting that shareholders call the OSC to inquire???  Is that like saying don't call the cops when you see something happening you feel is not quite right?  THere is no cost in doing so and the more people who are

[LaticelnExile]

This post has been removed in accordance with Community Policy

[Hockeyz]

Yes, there is speculation as to the exact date the strategic review was established. But, no matter the date, MT's 500,000 shares had to be sold. He had no choice in the August sale as this was agreed to in April or before.  He could not keep the shares from being sold, no matter whether he thought the shares were overvalued or undervalued at the time.

[LaticelnExile]

This post has been removed in accordance with Community Policy

[TheForces]

Are you paid to support this highly questionable insider selling or simply delusional here?  Of course he could have kept them and avoided the insider selling questions and scrutiny that is just beginning! He could have called the undisclosed party holding the loan saying "Those 500K shares triggered to sell at the pre-agreed price of $13 a piece, let me use some of the millions of