NEW YORK — A banker who executed trades against confidential information that Albertsons would be sold pleaded guilty to charges of conspiracy and securities fraud, federal investigators here said. According to the U.S. Attorney's Office, Michael Koulouroudis executed trades on tips provided to him by Nicos Stephanou, an investment banker at UBS who represented a private equity firm that was interested in acquiring Albertsons in 2005 and 2006. Koulouroudis faces up to five years in prison ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access 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’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

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 granted free access to SN we ask that you register 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.