Corrections.The March 7 story, "Insider Trading Insider Trading The buying or selling of a security by someone who has access to material, nonpublic information about the security.Notes: Insider trading can be illegal or legal depending on when the insider makes the trade: it is illegal when the material information is still nonpublic--trading while having special knowledge is unfair to other investors who don't have access to such knowledge. Charges Haunt Ryland," incorrectly described allegations in a shareholder lawsuit against Ryland Group Inc., its chairman and chief executive, Chad Dreier, and its chief financial officer, Gordon Milne. Five senior vice presidents and a director of Ryland whose stock sales were mentioned in the suit are not defendants and no allegations of insider trading were made against them. In addition, the name and description of Ryland director Ned Mansour was incorrect. He is a former president of Mattel Inc. The Feb. 21 list of 25 Largest Hospitals in L.A. County misidentified the top executives at Little Company of Mary's San Pedro and Torrance hospitals. Blair Contratto is the chief executive at both locations. |
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