Key facts
- TerraVest Industries Inc. shares fell significantly.
- Allegations of insider tipping against the executive chairman were made.
- The stock's decline was the largest since 2009.
Shares of Canadian manufacturer TerraVest Industries Inc. experienced their most significant drop since 2009. This decline is attributed to allegations of insider tipping involving the company's executive chairman. The market reacted sharply to the news, leading to a substantial fall in the company's stock price. The specific details surrounding these allegations were not immediately clear.