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Former Harman International executive pleads guilty to insider trading

2016-03-28 20:57:08| Electronics - Topix.net

A former Harman International Industries Inc executive admitted on Monday to insider trading in the company's stock just prior to the release of a stronger-than-expected quarterly earnings report. Dennis Hamilton, a former vice president of tax at the maker of car audio systems, pleaded guilty to one count of securities fraud in the federal court in New Haven, Connecticut, U.S. Attorney Deirdre Daly said.

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