Ex-Hardee's Exec Settles With SEC Over Insider Trades

Law360, New York (March 16, 2012, 1:38 PM EDT) -- A former executive of the parent company of fast food chains Carl’s Jr. and Hardee’s has agreed to pay $268,000 to settle claims that he traded on inside information before the company sold itself to private equity firm Thomas H. Lee Partners, the U.S. Securities and Exchange Commission said Thursday.

 

The SEC filed and settled the complaint the same day against Noah J. Griggs, Jr., the former executive vice president of training and leadership development at CKE Restaurants Inc. As part of the settlement, Griggs neither admitted nor...
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Case Title

Securities and Exchange Commission v. Noah J Griggs Jr


Case Number

2:12-cv-02203

Court

California Central

Nature of Suit

Securities/Commodities

Judge

Gary A. Feess

Date Filed

March 14, 2012

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