Law360, New York (January 18, 2012, 12:08 PM ET) -- U.S. prosecutors on Wednesday charged seven people in connection with an insider trading scheme that racked up approximately $62 million in trades on shares of computer maker Dell Inc.
The FBI made four arrests in Los Angeles, Boston and New York related to the charges, while three others named in the criminal complaint filed in Manhattan federal court are cooperating with investigators.
U.S. Attorney for the Southern District of New York Preet Bharara described the seven defendants as “a circle of friends who essentially formed a...
Feds Charge 7 In $62M Insider Trading Plot
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