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Calif. Pair Faces Insider Trading Charges In Biotech Scheme

By Tom Zanki ( August 12, 2016, 2:46 PM EDT) -- A stockbroker and his friend were charged with insider trading on Thursday after reaping $90,000 following sales of a biotechnology company's stock that they bought upon receiving illegal tips about an upcoming drug licensing agreement and acquisition, a complaint in California federal court alleges....

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