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Just before the government raids on WellCare in October, 2007
the
stock was about $120 a share—but plummeted 80% after the raid.
Insiders CEO Todd Farha,
CFO Paul Behrens and General Counsel Thaddeus Bereday sold their shares of stock for
$millions just a few weeks earlier. All three were fired (euphemism
is "resigned") just months later. |
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The
Wall Street Journal's blogs linked to this information:
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CEO Farha sold over $3.6 million in the month
before the raid.
Total stock sales on this partial graphic (shown at left) by CEO
Todd S. Farha: $3,659,735.00.
View the
entire document to trace more WellCare insider stock sales.
Todd S. Farha sold stock (as shown here) up to October 16.
WellCare was raided on October 24.
Draw your own conclusions. |
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| Todd S. Farha sold stock up to October 16. The Feds
raided WellCare
headquarters October 24. |
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