NEW YORK — A money manager convicted of making insider trades to profit form the sale of Albertsons was sentenced last week to six years in prison. Joseph Contorinis, a manager with Jefferies Paragon Fund, was convicted in October of securities fraud and conspiracy for trading on tips provided by another banker, Nicos Stephanou of UBS. Stephanou, who cooperated with the federal prosecutors in the case in exchange for a lenient sentence, served as an advisor to Cerberus Capital Management, ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.