AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
SEC Charges Kinnelon, N.J., Plastics Executive with Insider Trading.
Byline: Kathleen Lynn
Apr. 23--A plastics executive from Kinnelon was accused Thursday of making about $1.8 million for himself, his friends, and his relatives through illegal insider trading.
The Securities and Exchange Commission accused Alfred S. Teo Sr., the 57-year-old owner of Alpha Industries in Lyndhurst, of buying stock in two companies in 2000 and 2001 after he got inside information that they might be taken over. He also is accused of tipping off friends, relatives, and even his yacht builder about the possible takeovers.
"Mr. Teo didn't do this once; he did it twice," said Kay L. Lackey, assistant regional director for enforcement of the SEC. "He didn't just tip one person; he tipped a bunch.
"He really became a serial tipper and insider trader."
- SEC sues Sigma's Teo for insider trading.(United States. Securities and...
- Magazine article from: Plastics News April 26, 2004 700+ words
...and failed to share with the SEC Teo's true ownership interest in...one point after hearing of the SEC investigation, Teo told one Musicland executive...March 2001, after hearing of the SEC investigation, Teo told his broker he had been misunderstood...
- FFA questions logic in merging its role with the Forum Sec and SPC - Teo.
- News wire article from: PAC - Pacific Islands Broadcasting Association October 27, 2006 700+ words
...integrated to make it successful," Mr Teo said. Mr Teo, a former chief legal officer for...up and put them away to the Forum Sec or the SPC does injustice to the achievements of the organisations. Mr Teo who leaves next month said he was...
- Sigma Chairman Teo indicted again.(News)(Brief Article)
- Magazine article from: Plastics News Pryweller, Joseph August 23, 2004 700+ words
...Exchange Commission. The SEC case carries civil...potential barring of Teo's participation...false documents to SEC to defraud investors. Those actions allowed Teo to reap more than...the criminal case. SEC is awaiting a response to its case from Teo's lawyers, who...
- CORRECTION: SEC Sues New Jersey Plastics Executive over Musicland-Shares Trade.
- Newspaper article from: Saint Paul Pioneer Press (St. Paul, Minnesota) (via Knight-Ridder/Tribune Business News) April 23, 2004 700+ words
...already have settled with the SEC. Teo is chairman and chief executive...his client intends to fight the SEC charges. "Alfred Teo categorically denies all allegations...disclose securities holdings. The SEC alleges that Teo knew Musicland was discussing...
- SEC Accuses 11 in South Florida of Role in Musicland Insider Trading.
- Newspaper article from: Knight Ridder/Tribune Business News April 23, 2004 700+ words
...Commission on Thursday. The SEC alleges that Alfred S. Teo Sr. and 10 of his relatives...insider trading in C-Cube, the SEC said. Teo was a director of Cirrus Logic...law firm Kaye Scholer. The SEC said he is Teo's attorney and represents...
- SEC Sues New Jersey Plastics Executive over Trading in Musicland Shares.
- Newspaper article from: Knight Ridder/Tribune Business News April 23, 2004 700+ words
...already have settled with the SEC. Teo is chairman and chief executive...his client intends to fight the SEC charges. "Alfred Teo categorically denies all allegations...disclose securities holdings. The SEC alleges that Teo knew Musicland was discussing...
- SEC Charges Kinnelon, N.J., Plastics Executive with Insider Trading.
- Newspaper article from: Knight Ridder/Tribune Business News April 23, 2004 700+ words
...investments. According to the SEC, Teo was the largest shareholder of...investigation by his brokerage, the SEC said, Teo denied being a Musicland insider...180,000, the SEC said. The SEC also accused Teo of covering up the true extent...
- SEC sues ex-investor in Musicland.(BUSINESS)
- Newspaper article from: Star Tribune (Minneapolis, MN) Serres, Chris April 23, 2004 700+ words
...Industries. According to the SEC complaint, Teo, 57, learned of the Best Buy...insider trading allegations, the SEC alleges that Teo concealed his purchase of 6...made from the trades. If the SEC prevails, Teo will be barred from serving...
