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Thursday, March 28, 2013

SAC Capital says government shouldn't keep $616-million settlement

... involves CR Intrinsic's trades in Elan and Wyeth stock. The companies had been developing a drug to treat Alzheimer's disease , and the drug was undergoing a governmental evaluation process. Federal prosecutors in Manhattan last year filed criminal ...

http://www.latimes.com/business/money/la-fi-mo-sac-capital-wants-616-million-settlement-to-benefit-investors-not-us-treasury-20130328,0,3915409.story

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