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Cambrian General Securities Plc

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July 3, 1987 | PAUL RICHTER, Times Staff Writer
The federal government may get $13 million less than had been expected from the settlement of insider trading charges against Ivan F. Boesky because of the dwindling value of the stock that the Wall Street arbitrageur gave up to resolve the case. The settlement, announced last November, was valued at $100 million, including $50 million in cash and $50 million in stock from two companies in which Boesky was a principal.
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BUSINESS
July 3, 1987 | PAUL RICHTER, Times Staff Writer
The federal government may get $13 million less than had been expected from the settlement of insider trading charges against Ivan F. Boesky because of the dwindling value of the stock that the Wall Street arbitrageur gave up to resolve the case. The settlement, announced last November, was valued at $100 million, including $50 million in cash and $50 million in stock from two companies in which Boesky was a principal.
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BUSINESS
November 22, 1986 | MICHAEL A. HILTZIK and DEBRA WHITEFIELD, Times Staff Writers
The Securities and Exchange Commission acknowledged Friday that it was aware that stock speculator Ivan F. Boesky was selling stock just before the disclosure Nov. 14 of his $100-million insider trading settlement with the commission but said it had "no reason to believe" such sales violated securities laws. The disclosure of the settlement provoked a three-day slump in the stock market, particularly among the merger stocks in which Boesky concentrated his holdings.
BUSINESS
November 25, 1986 | TYLER MARSHALL, Times Staff Writer
Amid worries in London securities markets about increasing incidents of insider trading, an investment fund formerly run by professional speculator Ivan F. Boesky has decided to sell its portfolio of stocks, effectively liquidating the company. E. D. G.
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