New York Businessman Convicted in Insider-Trading Trial

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New York Businessman Convicted in Insider-Trading Trial
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Telemaque Lavidas was found guilty on charges that he leaked inside information about a publicly traded biotechnology company to a Greek stock trader

A federal jury in Manhattan found a New York businessman guilty on charges that he leaked inside information about a publicly traded biotechnology company to a Greek stock trader, as part of an alleged international insider-trading network.

The businessman, Telemaque Lavidas, was found guilty on all seven counts, which included wire fraud and securities fraud.

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