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SEC settles charges with Pequot firm over insider trading

Date: May 28, 2010
Author: Zachary A. Goldfarb
QUOTE: ...withering criticism from lawmakers that the agency had mishandled an earlier investigation of the matter. Pequot Capital Management and its chief executive, Arthur Samberg, agreed to pay $28 million to settle the SEC's charges that the firm traded shares of Microsoft based on insider information.

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