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Cohen's SAC to pay $600 million in SEC insider trade settlement

2013-03-16 06:30:47| Biotech - Topix.net

Hedge fund titan Steven A. Cohen's firm, long the focus of a federal investigation into insider trading, is paying more than $600 million to U.S. securities regulators to settle allegations arising from improper trading in two stocks.

Tags: pay million trade sec

Category:Biotechnology and Pharmaceuticals

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