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Case overview
1:09-cv-21977
Florida Southern
Securities/Commodities
Chris M. McAliley
An insider trading case involving construction equipment rental company Neff Corp. concluded Monday in Florida, with a jury finding that one defendant illegally traded on advance information about Neff's merger with an investment company and another did not.
The father-in-law of construction equipment rental company Neff Corp.'s CEO is trying to dodge claims that he engaged in insider trading before a 2005 merger, alleging in Florida federal court Thursday that the U.S. Securities and Exchange Commission's case is full of holes.