SEC alleges inside trading in GCI sale
The Securities and Exchange Commission filed a complaint last Thursday alleging insider trading in the purchase of GCI by a Colorado-based company. The 13-page complaint laid out a timeline of rapid purchases of high-risk GCI stock options two weeks before it was announced the company would be acquired by Liberty Interactive Corporation.
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In a filing with the U.S. District Court in southern New York, the SEC said the defendants are one or more un-named stock traders believed to be base
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