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Partner Robert Ray Quoted By Wall Street Journal In Article About Cuomo Probe Of Arbitron
The Wall Street JournalOctober 31, 2008
Press Release and Media Coverage
On October 29, 2008, the Wall Street Journal featured a story about New York Attorney General Andrew Cuomo’s investigation of whether executives at Arbitron Inc. improperly sold company stock in advance of the radio-ratings firm’s disclosure of news that hurt its share price.
Pryor Cashman partner Robert Ray was interviewed for the article and told the authors that the Arbitron executives could be given a chance to explain why their stock sales were legitimate because, in addition to prescheduled stock-sale plans, “there's a whole host of possible innocent explanations.”
To read the article, entitled “Cuomo Probes Stock Sales at Arbitron,” please click here.
