Ex-Friedman's CEO Charged With Securities Fraud

Law360, New York (March 13, 2007, 12:00 AM EDT) -- Former Friedman’s Inc. Chief Executive Officer Bradley Stinn faces up to 90 years in prison following his indictment Friday on securities fraud charges.

Stinn was indicted for allegedly concealing the company’s failure to collect money from customers who bought jewelry on credit, which led to revised earnings reports from 2000 to 2003.

Stinn pled not guilty Friday to charges of conspiracy, securities fraud, making false filings with the Securities and Exchange Commission, mail fraud and certification of a false financial report. He posted bail at $1...
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