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Day Trader Seeks Early Win In Verifone Insider Trading Suit

By Katryna Perera ( October 22, 2024, 5:00 PM EDT) -- A day trader moved for an early win in a U.S. Securities and Exchange Commission insider trading case alleging the trader was tipped off by a former Francisco Partners consultant about the firm's $3.4 billion purchase of Verifone Systems Inc., arguing there is no evidence that he knew he received material nonpublic information, let alone traded on it....

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