Insiders profited before GT filing
I have read online that GT Technology’s CEO sold all of his shares worth over $10 million dollars this year prior to the company’s recent bankruptcy filing. As a shareholder who has lost thousands of dollars investing in a local company, I was shocked to read this information. I am hopeful that candidates for election this year will address this unfairness. I would suggest a look-back period preventing insiders like him and others in this company from profiting in these situations. Apparently, only shareholders will feel the pinch of their bankruptcy filing under the current laws on the books.
Greg Palkon
Nashua