Ala. man pleads guilty to securities fraud case - WXVT-TV Delta News

Ala. man pleads guilty to securities fraud case - WXVT-TV Delta News - More Local News and Weather WXVT.com |: "NEW ORLEANS (AP) - An Alabama man who ran a financial services company in Baton Rouge has pleaded guilty to conspiring to commit securities fraud.

A plea agreement calls for 62-year-old David Lester McFadden, of Orange Beach, Ala., to face a minimum sentence of 18 months in prison and a maximum of 2 years in prison."