Peter Coker Sr. and his spouse Susan Coker at U.S. District Court docket in Newark, New Jersey, March 15, 2023.
Dan Mangan | CNBC
A father and son pleaded responsible Thursday to orchestrating a brazen inventory manipulation scheme involving a small New Jersey deli whose mum or dad firm had an unbelievable market capitalization of $100 million.
The boys, Peter Coker Sr., and Peter Coker Jr., are scheduled to be sentenced subsequent spring within the case in U.S. District Court docket in Camden, New Jersey.
A 3rd defendant, James Patten, beforehand pleaded responsible to the identical prices of securities fraud and conspiracy to commit securities fraud in reference to the corporate as soon as often called Hometown Worldwide.
That is breaking information. Please refresh for updates.
Source link