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Ex-Deloitte Partner, His Son to Pay $1.1 Million for Insider Trading in Audit Client Securities

August 9, 2010 in Securities Regulation & Law Report · Leave a Comment 

Thomas P. Flanagan, a former Deloitte & Touche LLP partner, and his son Patrick Flanagan agreed Aug. 4 in the U.S. District Court for the Northern District of Illinois to pay more than $1.1 million in disgorgement, prejudgment interest, and civil penalties to resolve allegations they engaged in insider trading in the securities of…

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