Alleged Dick's Insider Trader Acquitted Of Fraud

Law360, New York (November 18, 2010, 12:36 PM EST) -- A federal judge has acquitted investor Gary Camp of insider trading before a Dick’s Sporting Goods Inc. acquisition, throwing out a slew of fraud charges that tied Camp to a multimillion-dollar kickback scheme involving two former Dick’s executives.

Judge David Hurd of the U.S. District Court for the Northern District of New York on Wednesday dismissed all charges against Camp in a first superseding indictment after hearing oral argument on a motion for Camp’s acquittal.

Camp was absolved of one count of conspiracy to commit securities...
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