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Law School Buddies Arrested For Trades Ahead Of IBM Deal

By Nathan Hale (November 29, 2012, 9:19 PM EST) -- Federal authorities arrested two former retail brokers and law school classmates on Thursday for allegedly trading ahead of International Business Machines Corp.'s 2009 acquisition of SPSS Inc. as part of an insider trading scheme that netted more than $1 million in illicit profits....

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