Ex-AutoZone CEO Must Face $1M 'Short-Swing' Profit Suit

By Sydney Price

A Tennessee federal judge said a former AutoZone Inc. CEO must face an investor suit seeking to recover over $1 million in alleged "short-swing" trading profits on behalf of the company, saying the shareholder has plausibly alleged that the ex-CEO's trades were not exempt from certain insider trading rules.

 Order attached | Read full article » | Save to favorites »