Commerce chief Ross admits to selling Air Lease stock [MarketWatch]
Air Lease Corporation Class A (AL)
Last air lease corporation class a earnings: 2/14 04:05 pm
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Source: MarketWatch
Commerce chief Ross admits to selling Air Lease stock U.S. Commerce Secretary Wilbur Ross acknowledged last week he sold shares of a stock well after he had promised to divest his holdings, saying he had basically lost track of his investment. The Washington Post says Ross told a government ethics agency that some 1,631 shares he owned in Air Lease Corp. AL, -0.10% were held in a separate account under a different name than most of his investments. The shares sold in early June were worth between $50,000 and $100,000. Ross was a director for Air Lease from 2010 to 2013. His shares were listed under the name Wilbur L. Ross while most of his other stocks were owned under the name Wilbur Ross, the Commerce secretary said.
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