Posted inCrime

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 Monday for insider trading, with prosecutors saying he misused confidential company information and illegally purchased shares of a firm his employer planned to acquire. U.S. District Judge Dale S. Fischer said Mark A. Loman, 60, of Hermosa Beach, was […]