The former head of a company that sold body armor to the U.S. military and to law enforcement agencies was convicted Tuesday of insider trading, fraud and obstruction of justice, bringing to a close an eight-month federal court trial. A jury convicted David H. Brooks, the founder and former CEO of DHB Industries, and Sandra Hatfield, the company's former chief operating officer, on 14 of 16 charges. According to the government, the defendants reaped nearly $200 million from schemes to defraud the company's investors.
Former Body Armor Company Executives Convicted of Fraud After Marathon Trial
New York Law Journal
September 16, 2010