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Pennsylvania man pleads guilty to insider trading of Dick's Sporting Goods securities

Summary by YOURERIE
(WJET/WFXP) – A Pennsylvania man who profited over $800,000 from insider trading pleaded guilty in federal court. United States Attorney Eric G. Olshan announced on July 11 that 62-year-old Frank T. Poerio Jr., of Gibsonia, pleaded guilty to four counts of securities fraud. Inmate briefly escapes Chautauqua County Jail, quickly taken back into custody In connection with the guilty plea, Poerio used sensitive, material non-public informat…
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