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Kodak s CEO engaged in insider trading when he purchased stock in the company while negotiating with the White House for a $655 million loan, NY AG says egraffeo@businessinsider.com (Emily Graffeo) © Reuters / Steve Marcus Reuters / Steve Marcus New York Attorney General Letitia James said Kodak CEO Jim Continenza engaged in insider trading last summer when he purchased 46,737 shares of the company. The CEO made the purchase while he was leading secret discussions with the White House for a loan, James said. Public news of the loan sent the stock soaring. Kodak said Continenza was not in possession of material non-public information, and he has never sold a share.

New yorkUnited statesWhite houseDistrict of columbiaSteve marcusLetitia jamesJim continenzaYork county state supreme courtDevelopment finance corpSteve marcus reutersYork attorney general letitia jamesNew york attorney general letitia jamesNew york county state supreme courtTrump white houseGeneral counselAttorney general