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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

SEC Sues Bank Board Member & Son

LAS VEGAS (CN) - A member of the board of Community Bancorp tipped his son to its coming acquisition by Valley Bancorp and the men traded illegally on the inside information, the SEC claims in Federal Court. It claims Charles Norton and his son Chad made $35,065 on the deal.

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