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Insider Trading Charges Against Private Prison Consultant Rejected

Loaded on Aug. 15, 2011 by David Reutter published in Prison Legal News August, 2011, page 36
Filed under: GEO Group/Wackenhut, Correctional Services Corp., Crime/Demographics, Criminal Prosecution. Location: Florida.
by David M. Reutter

A Florida federal district court has rejected insider trading charges brought against a consultant for Correctional Services Corporation (CSC). The civil complaint, filed in September 2008 by the Securities and Exchange Commission (SEC), charged Dr. Zachariah P. Zachariah, his brother Dr. Mamen P. Zachariah, and his …

 

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