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Date : the 15/09/2009
Visited : 1347
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Channel: Economics, Finance
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Reza Saleh Arrested For Insider Trading With Perot-Dell Deal

This past Wednesday, the U.S. securities regulator charged Reza Saleh for insider trading in Dell’s acquisition of Perot Systems. Saleh made $8.6 million in profits by purchasing stock options ahead of the acquisition deal. Saleh sold them when Perot Systems stock soared on the day of the deal. Saleh learned about the upcoming deal [...]

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