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Fed’s insider-trading crackdown brings charges in California

Los Angeles Times – The federal government has filed charges against a California hedge-fund analyst and a former tech executive in its continuing crackdown on insider trading on Wall Street.

Federal prosecutors accused Matthew Teeple, 41, of San Clemente, with passing along illicit information he allegedly received from David Riley, a former chief information officer at Foundry Networks Inc. Riley, 47, lives in San Jose.

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