On October 20, 2009
IBM Benches Exec Caught Up in Insider Trading Scandal
IBM put a top executive on leave Monday after he was charged in an insider trading scandal for allegedly leaking secrets about IBM’s earnings and financial dealings with corporate partners. The company said Robert Moffat, a senior vice president and cost-cutting maven who was considered a possible candidate to succeed CEO Sam Palmisano, no longer serves as an officer of the company.
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