Advertisement

Feshbach Bros. Scrutinized: Federal officials are investigating...

Share via
From Times Staff and Wire Reports

Feshbach Bros. Scrutinized: Federal officials are investigating whether a Palo Alto investment firm received confidential information from Food and Drug Administration employees as part of a probe into possible insider stock trading, according to a government source. A prime focus of the investigation is whether FDA officials leaked information to Feshbach Bros., although other companies also may come under scrutiny, the source said. Joseph Feshbach, a partner in the firm, denied wrongdoing. He said the company has had no contact with government investigators and was unaware of such a probe.

Advertisement