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ZDNet: SCO Execs Cash In On Suit Spotlight

Jul 29, 2003, 16:30 (26 Talkback[s])
(Other stories by Patrick Gray)


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[ Thanks to David for this link. ]

"Senior SCO Group executives have been dumping their personal holdings in the company since June, U.S. Securities and Exchange Commission (SEC) filings have revealed.

"Since SCO launched its legal action against IBM, claiming that Big Blue had violated trade secret laws by sharing proprietary code with open source projects, its share price has sky-rocketed.

"The price rise has been enough to convince senior executives to dump their personal shares in the company during the last two months. SCO's chief financial officer, Robert Bench, has sold 14,000 shares in the company since June..."

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