Kodak being sued by New York for insider trading, over $765 million Trump loan

Kodak being sued by New York for insider trading, over $765 million Trump loan
(Image credit: Kodak)

UPDATE: The Kodak-Trump loan scandal continues, as the attorney general of New York is suing the company and its executive chairman for insider trading over the $765 million loan received from the Trump administration last year. 

In July 2020, Kodak received the enormous grant from the United States government in order to produce domestic drugs to combat the coronavirus outbreak. Subsequently, its share price rocketed almost 3,000%. 

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Louise Carey

With over a decade of photographic experience, Louise arms Digital Camera World with a wealth of knowledge on photographic technique and know-how – something at which she is so adept that she's delivered workshops for the likes of ITV and Sue Ryder. Louise also brings years of experience as both a web and print journalist, having served as features editor for Practical Photography magazine and contributing photography tutorials and camera analysis to titles including Digital Camera Magazine and  Digital Photographer. Louise currently shoots with the Fujifilm X-T200 and the Nikon D800, capturing self-portraits and still life images, and is DCW's ecommerce editor, meaning that she knows good camera, lens and laptop deals when she sees them.