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Former research analyst charged in IBM insider trading case

Grant Gross | Dec. 27, 2012
U.S. authorities have charged a former research analyst at a financial services firm with insider trading offenses related to the 2009 acquisition of software vendor SPSS by IBM.

The conspiracy charge against Martin carries a maximum potential penalty of five years in prison and a $250,000 fine. The securities fraud charge carries a maximum potential penalty of 20 years in prison and a $5 million fine.

 

 

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