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Schottenfeld Trader Settles SEC Claims In Galleon Suit

By Lisa Uhlman (June 29, 2011, 6:09 PM EDT) -- David Plate, a Schottenfeld Group LLC trader who pled guilty in connection with the insider trading scheme perpetrated under convicted Galleon Group LLC founder Raj Rajaratnam, agreed Tuesday to disgorge $53,000 to settle U.S. Securities and Exchange Commission allegations in New York....

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