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Expert Analysis

A Key Ruling On Materiality In Insider Trading Cases

Law360 (September 15, 2008, 12:00 AM EDT) -- The SEC's efforts to curb what it considers abuses relating to trading in Private Investments in Public Equities (PIPEs) was dealt another serious blow when the Honorable Graham C. Mullen, a federal court judge in Charlotte, North Carolina, granted John F. Mangan Jr.'s motion for summary judgment and dismissed the SEC's insider trading claim against him....

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