Former NZ PM Sir John Key and other Palo Alto Networks directors face US lawsuits accusing them of insider trading.
Former NZ PM Sir John Key, along with other Palo Alto Networks directors, faces US lawsuits accusing them of insider trading. Shareholder-led class action alleges executives misled investors about the firm's product prospects, and directors sold shares before unfavorable results. Key denies the claims, stating he adhered to Palo Alto Networks' strict share trading policies for senior management and directors.
May 20, 2024
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