Alleged Schemer Says Stock Buy Was Not Inside Job

Law360, New York (November 9, 2010, 4:06 PM EST) -- An investor who shared a friend with a former Dick's Sporting Goods Inc. executive has countered government claims that he relied on inside information to buy shares of Galyan's Trading Co. just before it was acquired by Dick's.

In a brief filed Monday in the U.S. District Court for the Northern District of New York, Gary Camp said prosecutors failed to allege he willfully violated federal securities law when he purchased shares of Galyan's and turned them into a large profit a day after Dick's bought...
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