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Ohiogal

(35,002 posts)
Mon Mar 8, 2021, 10:40 PM Mar 2021

Ryan calls for SEC investigation into stock purchases of USPS vehicle manufacturer

Congressman Tim Ryan is calling on the Securities and Exchange Commission (SEC) to investigate stock purchases made just hours before an announcement of a contract between the Postal Service and the Oshkosh Corporation.

According to the release, $54 million in Oshkosh stock was purchased less than 24 hours before Postmaster General Louis DeJoy publicly announced their contract with the USPS.

The contract between the two is worth $6 billion to replace the USPS fleet of vehicles.

Ryan, Senator Sherrod Brown and Congresswoman Marcy Kaptur sent a letter to President Biden last week urging him to halt the postal truck contract.

More
https://www.wfmj.com/story/43464421/ryan-calls-for-sec-investigation-into-stock-purchases-of-usps-vehicle-manufacturer

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Ryan calls for SEC investigation into stock purchases of USPS vehicle manufacturer (Original Post) Ohiogal Mar 2021 OP
If halted AKwannabe Mar 2021 #1
?? time for a short sale?? nt mitch96 Mar 2021 #2

AKwannabe

(6,402 posts)
1. If halted
Mon Mar 8, 2021, 10:42 PM
Mar 2021

That would swamp some of those fuckers that got in 24 hrs + on the stock. Hope so!

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