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Feds to Charge More in Insider Trading

WALL ST.

One year after hedge-fund raids.

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Emmanuel Dunand / AFP-Getty Images

More fallout from the raids that snared Raj Rajaratnam: federal authorities are planning to bring more charges against employees at hedge funds they raided one year ago. Three people from Diamondback Capital Management and Level Global Investors are expected to be arrested in the coming weeks, according to Reuters. So far, about 50 people have pleaded guilty or been convicted in the probe.

Read it at Reuters

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