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    • West Des Moines’ American Equity demotes executive after trading violation

    October 17, 2023 by Tyler Jett

    Leaders at West Des Moines-based American Equity Life Investment Holding Co. have demoted an executive after he allegedly failed to disclose purchases of company stock within the legally required timeline.

    The annuity provider announced in a U.S. Securities and Exchange Commission filing late last week that Jimmy Dewayne Lummus lost his job as chief accounting officer on Oct. 4.

    Click HERE to read the full story via The Des Moines Register

    Originally Posted at The Des Moines Register on October 11, 2023 by Tyler Jett.

    Categories: Industry Articles
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