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Ex-Executive of Hawthorne Company Gets Nearly Three Years for Fraud

A former executive at a Hawthorne-based company was sentenced to nearly three years in federal prison today for insider trading, with prosecutors saying he misused confidential company information and illegally purchased shares of a firm his employer planned to acquire.  
United States Marka Loman Dales Fischer Exchange Commission American Science Engineering Inc Us Attorney Office
Source: iheart.com

Ex-Executive of Hawthorne Company Gets Nearly Three Years for Fraud

A former executive at a Hawthorne-based company was sentenced to nearly three years in federal prison today for insider trading, with prosecutors saying he misused confidential company information and illegally purchased shares of a firm his employer planned to acquire.  
United States Marka Loman Dales Fischer Exchange Commission American Science Engineering Inc Us Attorney Office
Source: iheart.com

Former California Exec Sentenced To Prison For Insider Trading, Securities Fraud

The office of the U.S. Attorney for Central District of California issued the following news release on Nov. 29, 2021:. Mark A. Loman, 60, of Hermosa Beach, was sentenced by United States District Judge Dale S. Fischer, who said Loman had "betrayed his employer and the market" and had been motivated by greed. Judge Fisher also ordered Loman to pay a $600,000 fine.
United States Scott Paetty Marka Loman Dales Fischer Karene Escalante Exchange Commission

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