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SECURITIES

From Times Staff and Wire Reports

Motel 6 Probe Expanded: The government expanded its probe into insider trading involving the 1990 takeover of Motel 6, bringing criminal and civil charges against a suntanning parlor owner and his former roommate. The new charges stem from a Securities and Exchange Commission case against an executive vice president of Motel 6 and 17 other people who traded on non-public information of the purchase of the chain by Accor, a French hotel company. John Anderson of Los Angeles and his former roommate, Stephen Goodhue, who now lives in North Perth, Australia, were named in both a criminal indictment and related civil charges.


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