SEC Sues Another Tipper In Galleon Insider Trading Scheme

By Benjamin Horney ( November 21, 2013, 5:34 PM EST) -- The U. S. Securities and Exchange Commission filed suit in New York federal court Thursday, accusing a former Marvell Technology Group Ltd. employee of tipping nonpublic information that was used in conjunction with Raj Rajaratnam's giant insider trading scheme and helped generate $680,000 in unlawful profits for Spherix Capital LLC. . . .

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