Friday, June 3, 2016

UPDATE 1-U.S. prosecutors to refund hedge fund insider trading settlement

NEW YORK, June 3 (Reuters) - U.S. prosecutors have agreed to

a rare settlement refund of $6 million to hedge fund Diamondback

Capital Management LLC after a ruling by a 2014 federal appeals

court made pursuing insider trading cases tougher, according to

court papers.

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