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2 Men Charged With Inside Trading Before Tire Co. Merger

Law360, New York (April 2, 2015, 4:14 PM EDT) -- A private equity investor and an Oak Investment Partners fund manager were arrested and charged with insider trading in Massachusetts federal court Thursday over an alleged scheme in which the investor tipped the fund manager about Apollo Tyres Ltd.’s plans to buy Cooper Tire and Rubber Co. after hearing about it from his wife, an attorney at Apollo.

Entrepreneur and private equity investor Amit Kanodia, 47, and Oak Investment Partners general partner Iftikar Ahmed, 44, were charged with one count of securities fraud and were scheduled...
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