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Annuity & Life Re insiders buy prior to share price fall

Whatever investors in Annuity & Life Re think about the dramatic slump in the firm’s stock price, they cannot justifiably accuse insiders of profiting from knowing something that the market did not.
Filings with the SEC show that company insiders were buying stock in the last quarter of 2001 for prices significantly above the firm’s current value of about $17.50 per share.