Ex-Safescript CEO Gets 30 Months For Insider Trading

Law360, New York (October 28, 2010, 3:02 PM EDT) -- Former Safescript Pharmacies Inc. CEO Stanley Swanson, who allegedly dumped more than $2 million worth of Safescript stock after learning of a probe of the company prior to the public, has been sentenced to 30 months in prison.

Swanson, who was the president and CEO of now-defunct Safescript Pharmacies, also called RTIN Holdings Inc., was sentenced on Wednesday by Judge Leonard E. Davis of the U.S. District Court for the Eastern District of Texas.

The U.S. Attorney's Office for the Eastern District of Texas said that...
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