Tag: Laws
Man pleads guilty in stock fraud case involving $100 million New Jersey deli
[ad_1] Your Hometown Deli in Paulsboro, N.J. Google Earth A North Carolina ex-convict pleaded guilty to securities fraud in connection with conspiring to manipulate the stock of a company that once had a market capitalization of as high as $100 million despite owning just one, small money-losing deli in southern New Jersey. The man, disgraced former stockbroker James Patten, also admitted on Wednesday in New Jersey federal court to conspiring with two other men to manipulate the share price of another related shell company, which had no tangible assets. That company’s market cap was even higher than the Hometown International ... Read more
Michigan teen gets life in prison for Oxford High School attack
[ad_1] A judge sentenced a Michigan teenager to life in prison Friday for killing four students and terrorizing others at Oxford High School, after listening to hours of gripping anguish from parents and wounded survivors. Judge Kwame Rowe rejected pleas from defense lawyers for a shorter sentence and ensured that Ethan Crumbley, 17, will not get an opportunity for parole. Moments before learning his fate, the teen apologized and appeared to agree with his victims that the stiffest punishment was appropriate. “Any sentence that they ask for, I ask that you do impose it on me,” the shooter said. “I want ... Read more