L Brands Stock Is Surging. Les Wexner Trusts Sold Shares. | #tinder | #pof | #match | #sextrafficking


Trusts controlled by longtime L Brands leader Les Wexner and his wife, Abigail, have sold large blocks of the retailer’s stock.

On March 22, Les Wexner gave 2 million L Brands (ticker: LB) shares from his personal account to a trust he and his wife control. The same day, the trust sold all 2 million shares, while two other trusts controlled by the Wexners sold another 1,050,000 shares. Sales totaled $177.8 million, or $58.31 per share.

A…



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