- Massoud charged with insider trading
- SEC scores $1.4 million fine
- Compass Group founder faces lifetime ban
Joseph Massoud, the founder of buyout firm Compass Group Management settled insider trading charges the Securities and Exchange Commission had brought against him.Massoud has paid a $1.4 million fine to settle the charges, and is barred from working in the securities industry or serving as an officer or director of a public company, according to a Nov. 30 SEC press release. The ...