Updated: Former Gaithersburg CEO Owes SEC at Least $212K
The Security Exchange Commission charged Nicholas Howey and a former Las Vegas executive with illegal insider stock trading.
Nicholas Howey, a former Darnestown resident and CEO of Troika Entertainment, has agreed to pay hundreds of thousands of dollars in fines to the Security Exchange Commission after the agency sued Howey and a Las Vegas gaming executive for alleged illegal insider stock trading. The information was first reported by VegasInc.com. In 2007, R. Brooke Dunn shared non-public information about his company, Shuffle Master Inc., with Howey, who then traded $237,000 in the company's securities to turn a profit, the SEC lawsuit states. Dunn was a senior vice president at Shuffle Master, a casino equipment manufacturer, and tipped off Howey when he heard the company would have to report low quarterly earnings, the SEC alleged. View the full lawsuit as…
Randall Buck
1:56 pm on Wednesday, June 6, 2012
Dear Dinah, Nicholas Howey is no longer a Darnestown resident nor is the the CEO of Troika Entertainment. It really would have not required much research on your part to discover this. As a current Darnestown resident and present Troika CEO I would appreciate a correction in your periodical. Thank you Randall A Buck more ›