It's about time, need to check into Insider Trading while they are at it!
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The investigation concerns whether L3Harris and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On August 17, 2026, L3Harris disclosed that Christopher Kubasik has stepped down as Chairman and Chief Executive Officer, effective immediately. L3Harris said that it had become aware of certain conduct by Kubasik that was not consistent with the values of the Company as outlined in its Code of Conduct.
On this news, L3Harris's stock price fell $13.44 per share, or 4.61%, to close at $278.38 per share on August 17, 2026.
What claims?