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It said Morina s positions have been assumed by Hometown s chairman, Paul Coker Jr. That came days after Hometown terminated a $15,000-a-month consulting contract with a firm led by Coker s father, Hometown cited negative publicity in making that move. Hometown drew widespread attention last month after a hedge fund operator noted the company s thinly traded stock was implausibly valued at about $100 million on the over-the-counter market, even though deli revenues were only about $14,000 last year. The SEC in September 2020 asked Hometown why it should not be considered a shell company, or a publicly held firm with no or nominal operations. Shell companies can be used by private businesses that want to become publicly held enterprises with few or no regulatory hurdles. ....
CAMDEN - A former Camden Catholic High School teacher has received a four-year prison term for the repeated sexual assault of a student. Bridget Sipera, 37, of Cherry Hill also must forfeit her teaching license and credentials as part of her sentence, the Camden County Prosecutor s Office said Friday. She was charged in August 2020 over an alleged relationship with a boy that began in January 2019 when the victim was 17. The sexual assaults continued through March 2020, the prosecutor s office said. Sipera, who was also the coach of the girls’ lacrosse team at the Cherry Hill school, admitted to offenses in multiple towns,” according to a probable cause statement for her arrest. ....