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Archive for the 'founders' Tag

The Saga Continues at Boston Scientific Corp.

Wednesday, November 18th, 2009

When we posted on Nov. 12 about the flurry of margin calls at Boston Scientific Corp. (BSX), there was no way to know that the pace of involuntary stock sales would continue.
As a historical recap:  Michelle noted in her post last week that company co-founders Peter Nicholas and John Abele sold off over 30 million [...]

The return of the margin call at Boston Scientific…

Thursday, November 12th, 2009

It’s been a little over a year since we last saw a margin call at Boston Scientific. But on Monday and again on Tuesday, we spotted two Form 4s filed by one of the company’s co-founders, Peter Nicholas, who is also a director.
On Nov. 5, Nicholas sold 250,000 shares of company stock and the following [...]