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WSJ: AG Probing Arbitron Executive Stock Sales

Share sales last year are subject of inquiry.

New York Attorney General Andrew Cuomo is investigating whether Arbitron executives sold company stock before the company announced it was delaying the PPM rollout and stock shares dropped, the Wall Street Journal reported.

The probe is focused on seven executives who sold about a total of $8 million in stock last year, according to the account.

An Arbitron spokesman told the WSJ the company is cooperating with the investigation.