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Article: CKE Restaurants, Inc. Acknowledges Government Filing of Criminal Charges Against Stock Analyst.
- Article from:
- PR Newswire
- Article date:
- October 18, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CKE Restaurants, Inc.(sm) announced today that the United States Attorney in the Eastern District of Missouri has issued a criminal complaint against Clive Munro, an analyst who issues stock reports under the name of Javelin Research and Montecito Research. Munro, who is located in Cheyenne, Wy., was charged with extortion, wire fraud and securities fraud. The government documents have described CKE Restaurants, Inc. as "the victim of a corporate extortion scheme."
The criminal complaint is filed in the federal court in St. Louis, Missouri. It states in part that, beginning on Sept. 15, 2004, Munro engaged in a series of communications intended to coerce CKE ...
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