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More insider trading busts
Dec-16-2010--NEW YORK -- In the latest phase of the government's ongoing crackdown on insider trading, federal authorities said Thursday that they had made five arrests involving an "expert networking" firm and big tech companies. "Today's charges allege that a corrupt network of insiders at some of the world's leading technology companies served as so-called 'consultants' who sold out their employers by stealing and then peddling their valuable inside information,"
U.S. Attorney Preet Bharara said in a statement.
In Arrests, Wiretaps Resurface As Weapon Against Wall Street
Expert network firm at center of hedge fund probe
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