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Sunday, July 29, 2018 3:00:12 PM
"Today's humor comes courtesy "sportsrancho" on proboards MNKD forum which she posted a link to a tweet from one "Peter Kourtis" that was aimed at the Mannkind CEO:
Mike I met you in Chicago a while back and I have to say I never met a more passionate and determined CEO to take us across the goal line. Thank you so much! We will prevail!
— PETER K (@KOURTISPETER) July 13, 2018
"Mike I met you in Chicago a while back and I have to say I never met a more passionate and determined CEO to take us across the goal line. Thank you so much!
We will prevail!"
I looked at his past tweets and while he's not a diehard 24/7 tweeter, I did notice they were mostly directed to Mike Castagna. So for the heck of it, I googled "Peter Kourtis" and what appeared on the very first page but THIS:
https://www.sec.gov/litigation/complaints/2017/comp-pr2017-184.pdf
"This case involves insider trading in the securities of Life Time Fitness, Inc. (“Life Time”) in advance of the March 2015 announcement that the company was going to be purchased and taken private.
Based on a series of tips that originated from Life Time employee Shane Fleming and were passed from one defendant to the next, the traders who participated in this scheme collectively bought 2,099 out-of-the-money Life Time call options and 250 Life Time shares in the weeks leading up to the announcement.
Defendants sold the options and shares they had acquired after news of Life Time’s acquisition became public, realizing total illegal profits of approximately $866,629."
Why am I NOT surprised! But the FUNNY part was THIS:
"After selling their options, Carlucci and Mansur gave Kourtis cash, and Weller gave Kourtis at least 10 pounds of marijuana as a kickback for providing the tip about Life Time."
At LEAST ten POUNDS of marijuana? Hmmmmmmmm...Castagna sure does smile a lot -- doesn't he?"
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