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Author Topic: Morris Gad and Nathan Rosenblatt  (Read 2624 times)

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Morris Gad and Nathan Rosenblatt
« on: September 27, 2007, 12:56:57 PM »
Morris Gad and Nathan Rosenblatt
     


Today, the Securities and Exchange Commission filed a complaint against Nathan Rosenblatt, a former director of NBTY, Inc., and member of its three-person audit committee, and his close friend Morris Gad, an officer and principal shareholder of Almod Diamonds, Inc., a family-owned jewelry retailer. In its complaint, the Commission charges that Rosenblatt, while in possession of material, nonpublic information concerning the company's significant revenue and earnings shortfall for the third quarter of 2004, tipped Gad with this information prior the company's public release of its financial results.
     

http://www.sec.gov/litigation/litreleases/2007/lr20305.htm
     
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