Consultant charged with insider trading in P.F. Chang’s deal

Consultant charged with insider trading in P.F. Chang’s deal

SEC says Richard Condon tipped friends about impending deal

The U.S. Securities and Exchange Commission accused a Los Angeles-based consultant with insider trading late Wednesday, in relation to the 2012 sale of P.F. Chang’s.

Richard Condon was a “life coach” working with Panda Restaurant Group Inc. executives in late 2011 and 2012 when, according to court filings, he heard the company was considering a bid for Chang’s, which was publicly traded and up for sale.

Panda Restaurant Group apparently referred to the effort at the ti

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish