March 21, 1989 |
A federal judge on Monday refused to dismiss civil charges of insider trading against fast food magnate Carl N. Karcher and two members of his family. Instead, U.S. District Judge Edward Rafeedie determined that the lawsuit against the founder of Anaheim-based Carl Karcher Enterprises should begin trial as scheduled on May 2. "Whether circumstantial evidence is sufficient to warrant (a verdict against the Karchers) is a matter that should be presented to the jury," the judge said.
September 20, 1989 |
A federal judge has recorded the final judgment in the civil lawsuit against Carl N. Karcher and six of his relatives, officially concluding an insider trading lawsuit filed 17 months ago. In the lawsuit, the U.S. Securities and Exchange Commission accused Karcher, 14 immediate family members and company accountant Alvin DeShano of violating insider trading laws in 1984.
CALIFORNIA | LOCAL
June 8, 2006 |
Margaret Heinz Karcher, whose husband Carl founded the Carl's Jr. restaurant chain, has died. She was 91. Karcher died Tuesday of liver cancer in Scottsdale, Ariz., where she was undergoing treatments, her son Carl Leo Karcher said in a statement. "My mother and father built this business based on their belief in hard work and their strong faith in God," he said.
January 17, 1991 |
The new year is less than 3 weeks old, but Carl Karcher Enterprises has already started celebrating company founder Carl Karcher's 50th anniversary in the fast-food business. On Tuesday, the Anaheim-based restaurant chain brought hot dogs back to the menu at its 526 Carl's Jr. restaurants. As the story goes, Carl and Margaret Karcher launched their fast-food empire by buying a hot dog cart for $326 in 1941, pledging their new Plymouth as collateral. They sold $14.
December 7, 1987
ADDRESS: 1200 N. Harbor Blvd., Anaheim BUSINESS: Operator of fast-food restaurants in California, Arizona and Nevada. ASSETS: $268.7 million (at Aug. 10). NUMBER OF EMPLOYEES: 11,900. TOP EXECUTIVES Name Position Carl N. Karcher Chairman, chief executive officer Donald F. Karcher President, chief operating officer Loren C. Pannier Group vice president, finance and administration Raymond J. Perry Vice president, operations Robert W. Wisely Vice president, marketing cash Name Compensation Carl N.
May 17, 1992
Hamburger mogul Carl N. Karcher's pay package seems pretty modest for a guy who runs one of the state's biggest fast-food operations. But there's pay and then there's income. Karcher's family trust owns properties that are leased back to Carl Karcher Enterprises Inc.--including the corporate headquarters in Anaheim. In 1991, when Karcher's pay totaled $400,048, the trust pulled in more than $1.6 million in rent.