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BGCP Overpays Insiders At Shareholder Expense, Suit Says

By Amanda Bransford (June 20, 2012, 7:52 PM EDT) -- A BGC Partners Inc. shareholder on Tuesday sued controlling shareholders Howard Lutnick and his company Cantor Fitzgerald LP in New York state court, saying they breached their duty to BGCP by selling and repurchasing shares at an inflated price for their own benefit and at the company's expense....

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