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SEC Wants $602M SAC Settlement To Go To Victims

By Cara Salvatore ( November 14, 2014, 8:22 PM EST) -- The U.S. Securities and Exchange Commission asked a New York federal court on Friday to set up a "fair fund" that would allow the $602 million paid by SAC Capital Advisors LP in connection with alleged insider trading of Elan Corp. and Wyeth LLC stock to be used to compensate investors who were harmed....

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