Ex-Life Time Fitness Exec Indicted for Insider Trading

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A former executive from Life Time Fitness was indicted along with eight other individuals on insider trading charges, the Chicago Tribune reports.

The charges stem from a 2015 incident, when then-vice president for corporate sales at Life Time, Shane Fleming, allegedly told a friend about the company’s upcoming sale. That friend shared the tip with his girlfriend and others, who reportedly used the information to make nearly $900,000.

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