Regulators: Beware of oil spill investment scams

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Investment regulators issued an alert Thursday warning against stock scams that promise profits from the Gulf of Mexico oil spill cleanup.


Investment Firm Settles Insider Trading Case

Pequot Capital Management and its founder and chairman, Arthur Samberg, have agreed to pay a total of $28 million to settle regulators’ charges of insider trading in shares of Microsoft Corp., in a long-running case that prompted scrutiny in Congress and by an agency watchdog.

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