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Eighth exec charged in Carter's insider trading case

2014-10-25 02:34:42| Apparel - Topix.net

The Securities and Exchange Commission filed insider trading charges against a New Jersey-based hedge fund manager who allegedly used material, nonpublic information to trade in advance of market-moving news about Carter's Inc. The Securities and Exchange Commission filed insider trading charges against a New Jersey-based hedge fund manager who allegedly used material, nonpublic information to trade in advance of market-moving news about Carter's Inc. Stephen Slawson , who lives in Lebanon, N.J., and was co-founder and former manager to a hedge fund named TCMP3 Partners LP, is now the eighth individual the SEC has charged in connection with the agency's investigation into insider trading and other misconduct involving the securities of the Atlanta-based marketer of children's clothing .

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