United States: SEC Enforcement Against Cheetah Mobile Execs Reflects Heightened Scrutiny Of 10b5-1 Plans - Goodwin Procter LLP

United States: SEC Enforcement Against Cheetah Mobile Execs Reflects Heightened Scrutiny Of 10b5-1 Plans - Goodwin Procter LLP

Mondaq

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This disclosure caused the Company's stock price to fall 18%, and Fu and Xu's sales prior to the disclosure allowed them to avoid losses of approximately $203,290 and $100,127, respectively.

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