Blackstone Executive Charged in Insider Trading in Albertsons Case

An executive with the Blackstone Group tipped off a financial analyst that the Albertsons chain was about to be sold, according to a lawsuit filed Wednesday by federal prosecutors.

NEW YORK — An executive with the Blackstone Group tipped off a financial analyst that the Albertsons chain was about to be sold, according to a lawsuit filed Wednesday by federal prosecutors.

Blackstone, a leading investment and advisory firm, had been retained by Albertsons in 2005 to market the chain for sale. It was sold to a consortium of private investors, Super