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Legal News

: Lawyers and Settlements

Marc Gabelli Sued by SEC for Alleged Securities Fraud

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Washington, DC: Former money manager, Marc Gabelli, was sued by the SEC on Thursday April 24, 2008 in U.S District Court for the Southern District of New York for securities fraud. The SEC alleges that he allowed a hedge fund to quickly trade the shares of a mutual fund that he was managing. COO Bruce Alpert has also been sued in the case.

Full post as published by Lawyers and Settlements on April 30, 2008 (boomark / email).

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