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Friday, March 15, 2013

Insider allegations cost SAC related firms over $600 million

SAC Capital Advisors in Stamford, Conn. The hedge fund will pay a $614 million penalty, the largest in Securities and Exchange Commission history, to settle allegations of insider trading.



via Stamford Newswire http://www.ctpost.com/news/article/Insider-allegations-cost-Stamford-firms-600-4357960.php

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