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Florida man pleads guilty to trading on inside info from lawyer

Art Post ·
NEW YORK, Dec 28 (Reuters) - A Florida man pleaded guilty on Thursday to charges he illegally traded on inside information supplied by a friend working at a law firm in a scheme that prosecutors said allowed them to earn nearly $1 million. Andrew Berke, 49, entered his plea in Manhattan federal court to conspiracy and securities fraud charges, admitting he placed trades based on information provided to him by a then-partner at the law firm Foley & Lardner. The plea came after the...
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