Atlanta (AP) - the United States federal prosecutors in Atlanta office said, carter company former head of investor relations have confessed, admitted conspiracy implementation securities and telecommunications fraud.
Officials announced on Tuesday that Eric m. Martin transaction common stock, 2005 and 2009 private information on the basis of the financial position of the company, the main children's clothing company.
In the press conference, attorney general's office said, and the former Wall Street analysts Martin also sharing sensitive information, and then released. In 2009 he was fired.
Because of his plea part of the agreement, officials say, Martin admits he is responsible for dollars, between $2.5 million and $7 million insider trading plan.
42 years old may get up to 25 years in prison. Don't know whether he has a lawyer.
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