Resource America CEO buys 166,667 shares
By
Associated Press
June 20, 2008
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The chief executive and president of investment company Resource America Inc. bought 166,667 shares of common stock, according to a Securities and Exchange Commission filing Thursday.
In a Form 4 filed with the SEC, Jonathan Z. Cohen reported he bought the shares for $9 apiece Wednesday.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Resource America is based in Philadelphia.