'Neither Admit Nor Deny' Continues To Draw Controversy

Law360, New York (May 22, 2014, 9:58 AM EDT) -- Recently, Judge Harold Baer of the U.S. District Court for the Southern District of New York reluctantly approved the U.S. Securities and Exchange Commission's "neither admit nor deny" insider trading settlement with Ronald Dennis, a former analyst with CR Intrinsic Investors, a hedge fund affiliated with S.A.C. Capital Advisors. See SEC v. Dennis, No. 14 Civ. 1746 (S.D.N.Y. Apr. 22, 2014)....

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