Defendants Pan SEC's 'Feeble' Insider Trading Case

Law360, New York (March 24, 2010, 6:30 PM EDT) -- Four of five defendants accused by the U.S. Securities and Exchange Commission of reaping more than $1 million by using inside tips to trade profitably on shares of World Fuel Services Corp. have denied the allegations and panned the SEC's evidence in the case.

World Fuel executive Steven Scoppetuolo, Robert Tocci and Eric Gordon filed motions to dismiss the complaint Monday and Tuesday in the U.S. District Court for the Middle District of Florida. World Fuel Vice President of Tax Richard White submitted his motion to...
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