Advertisement

Karcher Ordered to Stand Trial: Hamburger baron...

Share

Karcher Ordered to Stand Trial: Hamburger baron Carl N. Karcher has been ordered to stand trial June 6 on charges of insider trading, but lawyers indicated a settlement still might be reached. The trial date was set by U.S. District Judge Edward Rafeedie in Los Angeles after Karcher’s lawyers were unable to win a guarantee from the Justice Department that Karcher, founder of the Carl’s Jr. hamburger chain, would not be the target of a future criminal prosecution.

Advertisement