Guilty plea in $100 million New Jersey deli stock fraud case
Your Hometown Deli in Paulsboro, N.J.Google EarthA North Carolina ex-convict pleaded guilty to securities fraud in connection with conspiring to manipulate the stock of a company that once had a market capitalization of as high as $100 million despite owning just one, small money-losing deli in southern New Jersey.The man, disgraced former stockbroker James Patten, also admitted on Wednesday in New Jersey federal court to conspiring with two other men to manipulate the share price of another related shell company, which…