Marketplace's Michelle Brier reports. The scheme dates back to 1996. The brokers meanwhile were accused of lying to investors and using high pressure sales tactics to sell Health Tech stock. Also convicted today was stockbroker Michael Motsykulashvili. Fourteen other defendants including two mob captains previously pleaded guilty in the case.
Charges are still pending against four others.
In New York, I'm Michelle Brier for Marketplace. Driver fatigue causes accidents and this includes drivers of cars, trucks, ships, and aircraft. The National Transportation Safety Board wants to update Depression-era rules governing how many hours drivers are allowed to operate. But it has not yet done so, as Marketplace's Cynthia Ingle reports from Washington. The board's been very disappointed in the lack of rule-making activity and the lack of changing the hours of service regulations for 11 modes of transportation.