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Kodak's U.S. loan disclosure put under scrutiny

Video Credit: Reuters Studio - Duration: 01:38s - Published
Kodak's U.S. loan disclosure put under scrutiny

Kodak's U.S. loan disclosure put under scrutiny

The U.S. Securities and Exchange Commission is investigating the circumstances around Eastman Kodak announcement of a $765 million government loan to make drugs at its U.S. factories, the Wall Street Journal reported on Tuesday.

Conway G.

Gittens reports.


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Business Insider reports that on Wednesday Kodak stock soared. The jump comes after a special committee it hired found that it did not violate any laws related a $765 million loan from the US government. The report found that Kodak executives did not violate insider trading laws. Throughout the loan process Kodak general counsel told executives that the government loan application process was "at a highly uncertain stage.

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WSJ: SEC Investigates Kodak's $765M US Govt Loan Disclosure

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Kodak's US loan disclosure put under zoom lens [Video]

Kodak's US loan disclosure put under zoom lens

The U.S. Securities and Exchange Commission is investigating the circumstances around Eastman Kodak announcement of a $765 million government loan to make drugs at its U.S. factories, the Wall Street..

Credit: Reuters Studio     Duration: 01:38Published