Bottling Co. Exec Sued For Insider Trading On Coca-Cola Deal

Law360, New York (March 8, 2012, 8:45 PM EST) -- The U.S. Securities and Exchange Commission sued a former Coca-Cola Enterprises Inc. vice president Thursday, alleging he made more than $86,000 by illegally trading on insider information about his company's plans to acquire Scandinavian soda-bottling operations from The Coca-Cola Co.

Steven J. Harrold was a vice president at CCE, a major bottler of Coca-Cola's beverages, in early 2010 when his company was in the process of acquiring Coca-Cola's Norwegian and Swedish bottling operations, according to the SEC's suit filed in California federal court.

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