David Schottenstein Net Worth: Insider Trading Scandal Fallout
The recent insider trading conviction of David Schottenstein, scion of a prominent retail family, has sent shockwaves through the business world. His guilty plea revealed illegal profits exceeding $600,000 from illicit trades involving companies like Designer Brands (DSW), Rite Aid, and Aphria. This case, impacting his personal wealth and the family's reputation, raises crucial questions about corporate governance, particularly within family-controlled businesses. Beyond the immediate financial ramifications, the scandal spotlights the need for enhanced oversight and ethical practices....