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SEC Charges Kinnelon, N.J., Plastics Executive with Insider Trading.
Knight Ridder/Tribune Business News, April, 2004
Tags: Hackensack, plastics, SEC
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By Kathleen Lynn, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News
Apr. 23--A plastics executive from Kinnelon was accused Thursday of making about $1.8 million for himself, his friends, and his relatives through illegal insider trading.
The Securities and Exchange Commission accused Alfred S. Teo Sr., the 57-year-old owner of Alpha Industries in Lyndhurst, of buying stock in two companies in 2000 and 2001 after he got inside information that they might be taken over. He also is accused of tipping off friends, relatives, and even his yacht builder about the ...
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