Mitch Gold/Dendreon Insider Trading Probe-April 30 WSJ

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Anonymous said:
Yes I agree. I am happy that Johnson and the Board pushed out Gold one and a half years ago. I have the highest respect for Johnson and the senior management team.
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just not a regard for the facts, he was an insanely high paid director for most of that time.

And, the board members who knew what he was doing remain to this day.
 






Hamm, Gold and Osborn are the worst offendors. The contract drawn up for Gold on 11/15/11 designed for him to resign on the effective date of the contract (1/31/12) is Osborn's baby. Make no mistake this is all Dendreon's problems. The idiot who continues to talk about people who left or didn't leave has zero understanding of the law. This is a DENDREON problem as well as a problem to those individuals. The SEC and Dept of Justice investigations will reveal all.
 






Anonymous said:
Hamm, Gold and Osborn are the worst offendors. The contract drawn up for Gold on 11/15/11 designed for him to resign on the effective date of the contract (1/31/12) is Osborn's baby. Make no mistake this is all Dendreon's problems. The idiot who continues to talk about people who left or didn't leave has zero understanding of the law. This is a DENDREON problem as well as a problem to those individuals. The SEC and Dept of Justice investigations will reveal all.
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Hamm left the company 2 years ago. Osborn and Gold left well over a year ago. They have absolutely nothing to do with the company today. What they did in the past, if anything, is there problem not Dendreon's. A SEC and Dept of Justice investigation against Dendreon never existed so their is nothing to "reveal".

Johnson and the rest of the senior management team have been successfully marketing oncology drugs for over 20 years and are known in the industry of having high integrity.
 


















A company can not commit insider trading, only an individual can. Gold was forced out of the company by Johnson 1.5 years ago. Glad he is gone. A dendreon rep blew the whistle on Gold to the SEC. He is my hero.

Yet another misleading thread headline though, since Dendreon the company nor any of the current management team has been "probed" by the SEC or any other governmental body.
 






Anonymous said:
A company can not commit insider trading, only an individual can. Gold was forced out of the company by Johnson 1.5 years ago. Glad he is gone. A dendreon rep blew the whistle on Gold to the SEC. He is my hero.

Yet another misleading thread headline though, since Dendreon the company nor any of the current management team has been "probed" by the SEC or any other governmental body.
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From Dendreon's 2/25/13 10K:

"The SEC is conducting a formal investigation, which the Company believes relates to some of the same issues raised in the securities and derivative actions. The Company is cooperating fully with the SEC investigation. The ultimate financial impact of these various proceedings if any is not yet determinable and therefore, no provision for loss, if any, has been recorded in the financial statements."

A similar statement will be in the 5/9/13 10Q unless a settlement has been reached.

Your continued misleading posts are a sad commentary about your morals and your agenda.
 






Anonymous said:
From Dendreon's 2/25/13 10K:

"The SEC is conducting a formal investigation, which the Company believes relates to some of the same issues raised in the securities and derivative actions. The Company is cooperating fully with the SEC investigation. The ultimate financial impact of these various proceedings if any is not yet determinable and therefore, no provision for loss, if any, has been recorded in the financial statements."

A similar statement will be in the 5/9/13 10Q unless a settlement has been reached.

Your continued misleading posts are a sad commentary about your morals and your agenda.
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No, the insider trading of Gold is all of it. Gold, who was forced out of the company 1.5 years ago, commited the insider trading, not Dendreon, not Johnson, not anybody else. Any SEC fine or charges would be levied against Gold and noone else. Even the WSJ article states that Gold and not the company is the subject of the SEC inquiry. That quote you provided is a total fabrication like everything else you post here. The quote does not exist in the filing:
http://www.sec.gov/Archives/edgar/data/1107332/000119312513074139/d468268d10k.htm
 






The investigation is about the stock drop on August 3, 2011. The investigation is about Dendreon. The formal investigation of Dendreon was first announced in Dendreon's 10Q in May 2012. The new story on 4/30/13 is about an investigation of Gold. You are misleading the readers of this board and it's very sad.
 






Anonymous said:
No, the insider trading of Gold is all of it. Gold, who was forced out of the company 1.5 years ago, commited the insider trading, not Dendreon, not Johnson, not anybody else. Any SEC fine or charges would be levied against Gold and noone else. Even the WSJ article states that Gold and not the company is the subject of the SEC inquiry. That quote you provided is a total fabrication like everything else you post here. The quote does not exist in the filing:
http://www.sec.gov/Archives/edgar/data/1107332/000119312513074139/d468268d10k.htm
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I'm done going back and forth. You have to live with yourself. You are lying.
 






The Securities and Exchange Commission's insider trading team has Dendreon ($DNDN) under a microscope. The agency has launched a civil investigation into stock trades by former CEO Mitchell Gold to see whether he acted on inside information about disappointing Provenge sales.

Read more: SEC probes former Dendreon CEO's stock sales - FiercePharma http://www.fiercepharma.com/story/s...eon-ceos-stock-sales/2013-04-30#ixzz2SEUVQIj3
Subscribe at FiercePharma
 






The agency launched an investigation of DENDREON in May 2012 that is still ongoing. It is about the stock drop of August 3, 2011. It has been in every 10Q and 10K since May 2012.

Now the SEC is also investigating Mitch Gold for insider trading. What about this do you not understand?
 






The SEC probe has only to do with former CEO Gold for potential insider trading. Johnson replaced Gold 1.5 years ago. The probe only has to do with Gold. Only an individual can commit insider trading not a company. There is no potential liability for the company. Read the articles - this has absolutely nothing to do with Dendreon.
 






Anonymous said:
The investigation is about the stock drop on August 3, 2011. The investigation is about Dendreon. The formal investigation of Dendreon was first announced in Dendreon's 10Q in May 2012. The new story on 4/30/13 is about an investigation of Gold. You are misleading the readers of this board and it's very sad.
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Amen.
 
























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