Trupanion CEO Addresses Wall Street Concerns Following Ousting of Three Top Executives; Engages on Regulatory Environment

“If there’s anything material about the company that occurred prior to us letting these three people go,” Mr. Rawlings said, “we would’ve had to report that before [the dismissals]. There’s nothing material,” he said emphatically. “What we did have is a communication challenge in that people read the information and they inferred some stuff that we did not make as clear as we should have….There is language in our [SEC filing] that actually describes that we didn’t have any material issues with any of [the three ousted executives]. There wasn’t any malfeasance. We thought that that was going to be enough. We should have been more explicit.”