August 31, 1989 |
A federal judge on Wednesday ordered a former ZZZZ Best Co. official to disgorge profits and pay damages totaling nearly $900,000 stemming from insider trading violations while at the now-defunct carpet cleaning firm. Jack N. Polevoi of Woodland Hills, who pleaded guilty in June to four counts of stock and tax fraud and other violations and is serving an 18-month prison sentence, was ordered by U.S. District Judge Robert J.
September 6, 1987 |
On a crisp Sunday last November, an official of the ZZZZ Best carpet-cleaning company took the firm's lawyer and accountant on a tour of an office building in Sacramento, a final inspection before they gave their go-ahead for a public stock sale that would bring the company into the Wall Street limelight. The lawyer and accountant were there to see how ZZZZ Best's most profitable line of business worked.
June 5, 1987
Attorneys representing Bruce Doniger filed the class-action lawsuit, seeking unspecified damages. The suit claims that Minkow manipulated the price of ZZZZ Best Co. through fraud and manipulation. Minkow is president of the carpet cleaning company.
CALIFORNIA | LOCAL
January 19, 1988 |
"I am expanding to the hilt, and I have no shame." --From Barry Minkow's "Making It in America." Even as his financial empire was collapsing last summer, Barry Minkow planned to host a television show designed to counter the negative image of America's younger generation. A brochure for "Class of Tomorrow," which was being marketed by two producers to various networks, hailed the 21-year-old Wunderkind as nothing less than "what tomorrow's youth is all about."