Omega Advisors Founder Can't Ditch Insider Trading Claims
By Carmen Germaine ( March 20, 2017, 6:45 PM EDT) -- A Pennsylvania federal judge on Monday said Omega Advisors Inc. founder Leon Cooperman can still be liable for trading on nonpublic information from a pipeline company executive even if he didn't pledge not to trade until after the exec passed the tip, denying Cooperman's motion to dismiss the U.S. Securities and Exchange Commission's suit....
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