Yup, probably got to keep half of it after taxes, and of course once you're no longer an insider it becomes easier to sell any remaining holdings without triggering SEC rules.
I think he is still named in a couple of the class action suits though, so its not like he will have a lot of free time. I am morbidly curious about how lawyer's fees are handled. Normally if you're being sued in connection with something you did for the company, the company hires a lawyer to represent you, but how does that work if you're not working the company any more?
I think he is still named in a couple of the class action suits though, so its not like he will have a lot of free time. I am morbidly curious about how lawyer's fees are handled. Normally if you're being sued in connection with something you did for the company, the company hires a lawyer to represent you, but how does that work if you're not working the company any more?