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September 12, 1989 | ROBERT A. ROSENBLATT, Times Staff Writer
The Commodity Futures Trading Commission, filing the largest fraud suit in its 14-year history, on Monday accused two companies operating in California of using high-pressure tactics to earn massive commissions from customers who were suffering enormous losses. CFTC charged International Trading Group Ltd. of making misleading claims in the sale of futures options that produced $283 million in commissions for the firm but $428 million in losses for its customers.
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BUSINESS
September 12, 1989 | ROBERT A. ROSENBLATT, Times Staff Writer
The Commodity Futures Trading Commission, filing the largest fraud suit in its 14-year history, on Monday accused two companies operating in California of using high-pressure tactics to earn massive commissions from customers who were suffering enormous losses. CFTC charged International Trading Group Ltd. of making misleading claims in the sale of futures options that produced $283 million in commissions for the firm but $428 million in losses for its customers.
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October 26, 1991 | TERRY PRISTIN, TIMES STAFF WRITER
Joan Howard worked for Pacific Architects & Engineers for 18 years, rising to the level of assistant vice president and controller. In 1988, she was abruptly fired. Three days earlier, her husband had quit the same Los Angeles firm to assume the presidency of a rival company. Although Howard was regarded as an exemplary employee, her bosses said they feared that she might disclose confidential information to her spouse.
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