Tuesday, April 17, 2007

Fremont CEO sold $2.5 mln in shares ahead of slump

(Reuters) - According to the Form 4 filing with the U.S. Securities and Exchange Commission, Rampino directly owns 632,484 shares, worth $5.6 million at the close of Monday New York Stock Exchange trading. Rampino also has 176,662 shares, worth $1.6 million, held in 401, employee stock-option and excess benefit plans.

Representatives of Santa Monica-based Fremont were not immediately available for comment.


Read more at Reuters.com Bonds News

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