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Hacker attack forces CEO to dump stock

by
March 9, 2009
Cybercrime
No Comment

A security breach at Heartland Payment Systems Inc. appears to have led to a forced stock sale by the company’s chief executive officer and his wife.

Last week, the company revealed that Robert O. Carr and his wife, Jill, had to sell a total of 692,412 shares of Heartland stock they owned that was pledged as collateral for a personal loan they sought to help fund the initial stock purchase. [NJ Biz]