Minor League Baseball Players Accused of Del Taco Insider Trades [BNN Bloomberg (Canada)]
Jack In The Box Inc. (JACK)
Last jack in the box inc. earnings: 2/19 04:05 pm
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Source: BNN Bloomberg
Jordan Qsar, Austin Bernard, Grant Witherspoon and Chase Lambert allegedly made about $190,000 by trading in advance of the purchase, according to the SEC lawsuit filed in federal court in San Diego. Lawyers for Qsar and Lambert didn't immediately respond to requests for comment — nor did Bernard and Witherspoon. According to the SEC, Qsar was told about the upcoming purchase by a former teammate on the baseball team at Pepperdine University who was working on the due diligence of the acquisition for Jack in the Box. The SEC said that Qsar learned about the deal when he was out drinking with his former teammate in San Diego in October 2021. Qsar went on to tell Bernard, Witherspoon and Lambert, who had played baseball together, about the potential acquisition. Each then purchased out-of-the-money call options on Del Taco stock, which was then trading on the Nasdaq with the symbol TACO, according to the SEC. The SEC didn't accuse the unidentified Jack in the Box employee, that r
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Earnings
- 2/21/24 - In-Line
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Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- JACK's page on the SEC website