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Kerkorian Firm Settles With SEC Over Faulty Reporting

By Morgan Bettex (September 3, 2008, 12:00 AM EDT) -- Tracinda Corp., the Beverly Hills, Calif.-based investment firm owned by billionaire Kirk Kerkorian, has settled allegations by the U.S. Securities and Exchange Commission that it violated federal securities law by failing to report its plan to sell 28 million shares of General Motors Corp. stock in 2006....

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