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Tuesday, May 19, 2015

Economic security

Father and Son Charged in Insider Trading Case


Preet Bharara
An investment banker at a Manhattan firm and his father were charged in court papers unsealed Thursday with using inside information to earn over $1 million illegally by trading in securities of five health care companies.The charges including conspiracy and securities fraud were contained in a criminal complaint unsealed in Manhattan federal court against 34-year-old Sean Stewart and his 60-year-old father, Robert. Sean Stewart, a Manhattan resident, is a managing director at Perella Weinberg Partners LP.

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