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The SEC alleges that Leon Cooperman and Omega Advisors used insider information for transactions completed in 2010.
Industry veteran Leon G. Cooperman, 73, and his 25-year-old, Manhattan-based hedge fund, Omega Advisors, Inc., are being charged with insider trading by the SEC, but the industry veteran denies the charges and says that he has retained the law firm Paul, Weiss, Rifkind, Wharton & Garrison to defend himself. The SEC wants to take Cooperman,...
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