Ex E-Commerce Exec Settles Insider Trading Charge

Law360, New York (May 21, 2008, 12:00 AM EDT) -- A former executive of e-commerce company Provide Commerce Inc. has agreed to pay more than $83,000 to settle charges he used inside information about the company's pending acquisition to buy and sell stock.

Gordon C. Bigler of La Jolla, Calif., has agreed to pay a $41,622.78 civil penalty and disgorge the same amount in profits to settle the insider trading charges, the U.S. Securities and Exchange Commission said.

Bigler has not admitted or denied any wrongdoing in agreeing to the final judgment with the SEC, which...
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