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The hacking of newswires to trade in advance notice of the disclosure of corporate developments in "a sophisticated and brazen scheme" resulting in more than $100 million in profits was the kind of market abuse that almost demands that the Justice Department seek substantial punishments.
But with companies whose stock is widely held, it is the rarest of corporate developments.
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"Movies and DVDs and TV syndication are temporal events," said Chris Petrovic, head of corporate development at mobile game developer Kabam Inc.
OLYMPIC REGIONAL DEVELOPMENT AUTHORITY--Named Jeffrey Potter director of corporate development.
Michael Printup Bloomfield, Staten Island The writer is director of corporate development, International Speedway Corporation.
As its head of corporate development, he will replace Barbara Jeremiah, who will retire Dec. 31.
BOSTON CELTICS--Announced the resignation of M.L. Carr, executive vice president of corporate development.
Mr. Laitala, 27, is the director of corporate development for CampusPipeline.com in Salt Lake City.
HOCKEY National Hockey League CALGARY FLAMES -- Announced the retirement of Lanny McDonald, vice president of corporate development.
SOCCER Major Indoor Soccer League MILWAUKEE WAVE -- Named John Tull director of corporate development.
"It's very expensive," said Antony Tyler, director of corporate development at Cathay Pacific.
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