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FSA's 1st Insider Trading Jail Term Goes To TTP Exec

By Erin Coe (March 30, 2009, 12:00 AM EDT) -- A London court has sentenced a former general counsel of TTP Communications to eight months in prison after a jury convicted him of making a profit from passing on insider information about Motorola Inc.'s plans to acquire TTP, marking the first jail term that the U.K.'s Financial Services Authority has secured in an insider trading case....

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