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Report: Dem Mega-Donor Jeff Katzenberg Under Scrutiny For Stock Trades
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| Jeffrey Katzenberg |
DreamWorks Animation CEO Jeffrey Katzenberg, a high dollar Democratic donor, is under scrutiny for more than a million dollars in stock sales prior to a precipitous decline in value of the company’s share prices, the New York Post reported on Monday.
DreamWorks has faced a round of selloffs lately amidst a Securities and Exchange Commission investigation and a series of class action lawsuits by investors.
According to the Post, Katzenberg himself may be in the crosshairs.
He sold more than $1.24 million of his company’s stock on two separate occasions in October and November, SEC filings show.
Read the full story: www.freebeacon.com
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