Few crimes on Wall Street generate more headlines than insider trading.

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The U.S. Securities and Exchange Commission, in a third insider-trading trial defeat in the past year, lost its lawsuit claiming that STEC Inc.’s former chief executive officer made $134 million by selling stock before divulging a sales setback to investors.

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NEW YORK — Facebook is warning employers not to demand the passwords of job applicants, saying that it’s an invasion of privacy that opens companies to legal liabilities. The social networking company is also threatening legal action. An Associated Press ...

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WASHINGTON — The Securities and Exchange Commission is considering taking civil action against Standard & Poor’s for its rating of a 2007 mortgage debt offering. Such action could be just the first shot in a legal assault against the major ...

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LONDON — A lawyer for many of Britain’s phone hacking victims said Friday that legal action would be launched in the United States against Rupert Murdoch’s News Corp. Mark Lewis told The Associated Press that lawyers in the United States ...

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Trying to head off the chance of an antitrust lawsuit from the NBA Players Association, the league went ahead and beat the union to court. The NBA filed two claims against the NBAPA on Tuesday — an unfair labor practice ...

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ANNAPOLIS — The state is seeking a new developer to build a casino in downtown Baltimore, but the process, already ensnared in a legal challenge, could be pulled back into court as soon as Wednesday. Baltimore City Entertainment Group said ...

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FREDERICK— The Frederick County Commissioners are asking state lawmakers to take action against illegal immigration. The all-Republican board voted Thursday on a set of legislative proposals that were forwarded to the county’s delegation to the General Assembly. One proposal would ...

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