Acorda Therapeutics (ACOR) CEO Adopts Stock Trading Plan

March 19, 2008 4:17 PM EDT

Acorda Therapeutics, Inc. (Nasdaq: ACOR) disclosed that Ron Cohen, President and CEO, adopted a pre-arranged trading plan.

The Plan provides for the sale of up to a total of 81,432 shares of common stock of the Company upon the exercise of vested stock options, beginning on the third day following the release of the Company’s first quarter 2008 quarterly earnings report and ending on November 7, 2008. Shares will be sold under the Plan on the open market at prevailing market prices, subject to minimum price thresholds. [LJ]


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