SEC Files Suit Over ‘Suspicious’ Buys Before Acquisitions

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From: investment-blog.net

SEC Files Suit Over ‘Suspicious’ Buys Before Acquisitions Last Update: 7/25/2008 1:18:39 PM By Chad Bray Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–The U.S. Securities and Exchange Commission filed a civil insider-trading lawsuit Friday over “highly profitable and highly suspicious” purchases of call options in DRS Technologies Inc. (DRS) and American Power Conversion Corp. [...]