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NJ Broker Bought Private Jet, Luxury Caribbean Vacation In $3.4M Insider Trading Scheme: Feds
A former partner at a New Jersey broker-dealer firm was accused of insider trading, making more than $3 million in illegal profits, authorities said.
Christopher Matthaei, 44, of Brielle, was arraigned in federal court on Wednesday, July 17, New Jersey's U.S. Attorney Philip Sellinger said in a news release. A federal grand jury indicted him on Friday, June 21 for two counts of securities fraud conspiracy and seven counts of securities fraud.
According to court documents and statements, Matthaei was a partner and senior salesperson at a trading firm based in Charlotte, North Carol…
Extradition Approved For 'So I Raped You' Gettysburg Student, Report Says
Almost three years after a warrant was issued for the arrest of a Pennsylvania college student's accused rapist, he was taken into custody in France, numerous outlets reported in May. Despite his appeal to not be extradited, a court ruled that he will be sent back to Pennsylvania for a trial, according to a release on Monday, July 8, AP reported.
Ian Thomas Cleary, 31, who has been living in Europe for several years, was taken into custody in Metz in April 2024 a prosecutor told previously Associated Press.
Cleary was accused of raping Gettysburg Co…
$50M Investment As Campbell's Relocates Jobs To South Jersey
Hundreds of new Campbell Soup Co jobs are expected to relocate to New Jersey with the consolidation of snack business offices in Connecticut and North Carolina, the food giant's officials announced.
Campbell's is moving an estimated 330 jobs to its Camden location, bringing the total jobs there to 1,600.
"We’re reimagining our Camden Headquarters, our home for more than 150 years, and investing $50 million to make a great space even better," the company said in a press statement on Wednesday, Jan. 18.
The company is consolidating its Snacks offices in Charlotte, NC, and Norwalk,…