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July 25, 2008)ITALIAN TRADER AGREES TO PAY $3 MILLION TO SETTLE INSIDER TRADING CHARGES; SEC PURSUES ADDITIONAL DEFENDANTSThe Securities and Exchange Commission today announced a proposed settlement with Gianluca Di Nardo, an Italian citizen, and his investment vehicle Corralero Holdings, Inc., (“Corralero”) for alleged insider trading in the securities of two issuers, DRS Technologies, Inc. (“DRS”) and American Power Conversion Corp. (“APCC”).
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