March 28, 1997 |
Printer R.R. Donnelley & Sons Co., fighting age and racial-discrimination lawsuits, faced further criticism at its annual shareholders meeting for not nominating any minorities to its board. The Rev. Jesse Jackson, speaking from the floor, said the printing company's lack of a black or Latino director is "unacceptable race discrimination." Jackson bought about $2,000 in Donnelley shares in order to participate in the meeting.
August 17, 1988 |
A former stockbroker charged in the insider trading scandal involving leaked copies of Business Week magazine pleaded guilty today to one count of wire fraud. William Dillon, 33, who was dismissed last month from his job at Merrill Lynch & Co. in New London, admitted paying $10 to $30 for advance copies of the magazine to various employees of R. R. Donnelley & Sons Co., which prints Business Week at two plants, one in Old Saybrook.
April 14, 1998 |
Great Universal Stores PLC said Monday that it completed its $845-million tender for Metromail Corp. and will fold the Illinois-based direct-mail company into its Experian information services. The deal is not expected to affect employment at Experian's headquarters in Orange. Experian officials said the Metromail purchase is a means of amplifying the company's already sizable presence in the direct marketing business.
January 27, 1985 |
The city of Ventura is giving neighboring Oxnard a "gift" of about $2 million, the county Board of Supervisors is adding $17-million, and the Oxnard City Council will use the $19 million to help pay for site improvements at the TOLD Corp's $175-million Channel Islands Business Park being planned on 185 acres. The Ventura council has approved transferring its allocation of industrial revenue bonds to Oxnard because it does not have any projects that could utilize the bonds.
June 7, 1991 |
A Newport Beach investor and a former stockbroker in the city have agreed to pay fines in connection with charges by the Securities and Exchange Commission that they profited from illegal trading on information obtained from advance copies of Business Week magazine. The SEC said Thursday that Stephen R. Rasinski of Newport Beach has agreed that he owes the profit from his trades, $137,044, plus an equal amount in penalties and interest.
December 11, 1990 |
An Orange investor pleaded guilty Monday in U.S. District Court in New York to charges of insider trading, admitting that he used information culled from advance copies of Business Week magazine. Stephen R. Rasinski, 35, was accused of having improperly earned at least $115,000 between September, 1986, and July, 1988, by buying stock in companies mentioned in the "Inside Wall Street" column before the magazine was available to the public.
June 29, 1986 |
Garden Grove is rapidly becoming a center of innovative architecture in Southern California. First there was the famous Richard J. Neutra-designed Community Church at Chapman Avenue and Lewis Street, a 1950s vision of a drive-in church. This was followed by the Crystal Cathedral, designed in the late 1970s by New York architect Philip C. Johnson on a Chapman Avenue site adjacent to the church.
November 6, 1990 |
A former Newport Beach stockbroker has pleaded guilty in New York federal court to illegal insider trading for using advance information culled from Business Week magazine before it was published, federal authorities said Monday. John L. Petit, 34, a former stockbroker for Smith Barney, Harris Upham & Co. in Newport Beach, admitted that he illegally earned $66,556 using nonpublic information provided by a salesman working at a Torrance printing plant where the magazine was printed.