We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Williams-Sonoma Mgr., SEC Settle Insider Trading Suit

Law360 (June 23, 2008, 12:00 AM EDT) -- A former manager at Williams-Sonoma Inc. has agreed to pay nearly $150,000 to settle charges that he traded on insider information about lowered sales projections for Pottery Barn, a Williams-Sonoma brand.

Adrian P. Di Vita filed a settlement with the U.S. District Court for the District of Columbia on Friday in response to a U.S. Securities and Exchange Commission complaint alleging that he had violated anti-fraud provisions of the federal security laws. He did not admit to or deny the charges.

Di Vita, who worked as...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.