WRL Foods Insider Trading Case Finished: SEC

Law360, New York (June 26, 2008, 12:00 AM EDT) -- The U.S. Securities and Exchange Commission said it had wrapped up a case it filed in 2002 over alleged insider trading ahead of WRL Foods Inc.'s acquisition by Pilgrim's Pride Corp., after final judgment was entered earlier this month directing one of the defendants to shell out almost $275,000.

On June 10, U.S. District Judge Sterling Johnson Jr. signed off on a memorandum and order directing Constantine Stamoulis to pay $273,090. Of that total, $59,380 represented disgorgement, more than $35,570 represented prejudgment interest and the remaining...
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