Laura Tyson, who had been a Director at Eastman Kodak(EK) since 1997, resigned on December 29, the company reported in a filing with the SEC. Tyson is the third Kodak director to resign in the last week, and, as with the previous two, Kodak’s terse statement gave no reason or explanation. We await the spin form the Kodak bulls, who no doubt will explain to us how the departure of three directors in one week is a positive sign for the struggling firm.
Disclosure: The author has no position in any stock mentioned
This is sec rules regulations cant give you a reason you know that if has anything to do with present or future .Youll just have to wait an see no one gets to write script in life
This is sec rules regulations cant give you a reason you know that if has anything to do with present or future .Youll just have to wait an see no one gets to write script in life
Jerr1-
There is no sec regulation prohibiting firms from giving reason for resignation. In fact, if the resignation was accompanied by a letter specifying a reason, I believe that would be material information that would require release.
Jerr1-
There is no sec regulation prohibiting firms from giving reason for resignation. In fact, if the resignation was accompanied by a letter specifying a reason, I believe that would be material information that would require release.
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