PLL Jan 2024 100.000 call
- Reuters
Former director of Tesla Australia sentenced for insider trading
The sentence follows the former director's guilty pleas to two insider trading offences tied to a supply deal the electric-car maker signed with Piedmont Lithium Inc in 2020, according to the Australian Securities and Investments Commission (ASIC). ASIC said Kurt Schlosser purchased 86,478 shares in U.S.-based Piedmont in two transactions after being informed of details of a five-year spodumene concentrate supply agreement. Schlosser sold the shares for a realised profit of $28,883.53 after the agreement became public, according to the watchdog.
- Reuters
UPDATE 2-Former director of Tesla Australia sentenced for insider trading
A former director of Tesla Inc's Australian unit was sentenced to two years and six months imprisonment and will be released immediately on the condition of "good behaviour", Australia's corporate watchdog said on Tuesday. The sentence follows the former director's guilty pleas to two insider trading offences tied to a supply deal the electric-car maker signed with Piedmont Lithium Inc in 2020, according to the Australian Securities and Investments Commission (ASIC). ASIC said Kurt Schlosser purchased 86,478 shares in U.S.-based Piedmont in two transactions after being informed of details of a five-year spodumene concentrate supply agreement.
- Zacks
Piedmont Lithium Inc. (PLL) Gains As Market Dips: What You Should Know
In the latest trading session, Piedmont Lithium Inc. (PLL) closed at $56.20, marking a +1.85% move from the previous day.
