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Hingham Man, Dad To Pay $209,000 To Settle COVID Test-related Insider Trading Allegations – InsuranceNewsNet

The SEC filed settlement agreements, which were approved by a judge, the same day. The SEC alleged in the lawsuit that Carl Iberger, the CFO of Connecticut- based medical devices company Precipio, tipped off his son that the company had signed an agreement to distribute COVID-19 test kits that were approved by the Food and Drug Administration.
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