Kodak's (KODK) Comments on Completion of Special Committee Independent Review

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Go back to Kodak's (KODK) Comments on Completion of Special Committee Independent Review

Kodak (KODK) Halted on Circuit Breaker

September 16, 2020 9:33 AM EDT

Kodak (NYSE: KODK) Halted on Circuit Breaker

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Kodak (KODK) Law Firm Says No Laws Broke with June Stock Purchases and Early Option Grants

September 16, 2020 7:16 AM EDT

Eastman Kodak Company (NASDAQ: KODK) broke no laws in relation to the announcement of a planned $765 million loan from the U.S. government, according to the findings of a law firm hired by the special committee of independent directors of the Board.

The special committee contracted the law firm Akin Gump Strauss Hauer & Feld to conduct the internal review, which found several governance concerns, but no violations of the law related to potential insider trading by CEO Jim Continenza and board member Philippe Katz in June, the stock options award to... More