SEC Settles First Charges Of Executive Loan Violations
Peter Goodfellow and Stamatis Molaris settled without admitting or denying the SEC's allegations that they authorized interest-free loans to themselves in the fall of 2003. The SEC said the pair knew the loans violated the Sarbanes-Oxley Act.
In the fall of 2003, Peter Goodfellow, the chief executive officer of Stelmar, and Stamatis Molaris, Stelmar’s chief financial...
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