Welcome
White Collar & Criminal Law News

Sports Agent Settles Cintas-G&K Insider Trading Charges With SEC

May 7, 2019, 7:06 PM

Sports agent Brian Fettner will pay more than $250,000 to settle SEC allegations of insider trading ahead of Cintas Corp.‘s 2016 merger with G&K Services Inc.

Fettner snuck a peek at merger documents while visiting the home of a childhood friend who served as general counsel at Cintas, the Securities and Exchange Commission said in a May 7 complaint. He then traded G&K stock using brokerage accounts belonging to his ex-wife and former girlfriend, the agency said.

Though not identified by the SEC, the general counsel for Cintas is Tom Frooman. He has held that position since 2001,...

To read the full article log in. To learn more about a subscription click here.