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Credit Suisse Banker's 5-Year Sentence For ARS Fraud Upheld

By Brian Mahoney (October 23, 2012, 5:25 PM EDT) -- The Second Circuit on Tuesday affirmed the five-year prison term handed to former Credit Suisse Group AG broker Eric Butler for lying to investors about $1.1 billion in auction rate securities, ending a lengthy case that ping-ponged between two New York federal court districts....

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