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Smithfield Investor Charged with Insider Trading

2013-06-10 02:00:00| ThePigSite - Industry News

US - The Securities and Exchange Commission has taken out an emergency court order to freeze the assets of a trader in Bangkok, Thailand, who made more than $3 million in profits by trading in advance of last week's announcement that Smithfield Foods agreed to a multi-billion dollar acquisition by China-based Shuanghui International Holdings.

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