Saturday, 18 June 2011

Harley-Davidson Stock Manipulation Being Investigated

Lawyers have begun an investigation into the recent rumors that private equity firm Kohlberg Kravis Roberts (KKR) was targeting Harley-Davidson for a stock takeover. Suspecting that Harley-Davidson executives breached their fiduciary responsibility to Harley-Davidson, Inc., investigators were tipped-off to potential breaches at the Milwaukee company after its stock rose by $2 (+5%) immediately after the rumors were first published in financial reports. Suspecting that those with a financial interest and duty to Harley-Davidson leaked the ...

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