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Edward R Jr Downe

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BUSINESS
June 5, 1992 | VICTOR F. ZONANA, TIMES STAFF WRITER
The Securities and Exchange Commission, in what officials termed one of the most significant insider trading cases ever, filed suit seeking more than $13 million in allegedly illegal profit from a group of investors that included Revlon Inc. co-founder Martin Revson. In a related development, Edward R. Downe Jr., a key member of the alleged trading ring, pleaded guilty to criminal tax and conspiracy charges and agreed to cooperate with federal prosecutors.
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BUSINESS
June 5, 1992 | VICTOR F. ZONANA, TIMES STAFF WRITER
The Securities and Exchange Commission, in what officials termed one of the most significant insider trading cases ever, filed suit seeking more than $13 million in allegedly illegal profit from a group of investors that included Revlon Inc. co-founder Martin Revson. In a related development, Edward R. Downe Jr., a key member of the alleged trading ring, pleaded guilty to criminal tax and conspiracy charges and agreed to cooperate with federal prosecutors.
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