Biyernes, Pebrero 13, 2015

Former CEO of Houston investor relations firm sentenced for insider trading

Stephen Gray, the former CEO of Dennard Lascar Associates LLC, was sentenced to prison for insider trading. Gray was charged with one count of securities fraud for his role in an insider trading scheme. He pleaded guilty on Sept. 26, according to the U.S. Attorney's Office for the Southern District of Texas. In January, U.S. District Judge Melinda Harmon sentenced Gray to 46 months in federal prison, ordered him to pay a $7,500 fine and forfeit the $326,159 he collected as a result of the illegal…

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