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Biotech Firms, Exec Pay $11M To Settle NJ Fraud Suit

By Martin Bricketto ( May 30, 2013, 3:34 PM EDT) -- A businessman and the New Jersey biotechnology companies he once ran will pay $11.2 million in restitution and civil penalties to settle state legal action over alleged securities violations, authorities announced Thursday, days after he was indicted for the alleged theft of more than $230,000 in investor funds....

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