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June 10, 2015

In The News Today – June 10, 2015

“A federal judge’s ruling against the Securities and Exchange Commission for using its own judges in an insider-trading case might be looked at in hindsight as the beginning of the end of an alternative system of justice that took root in the New Deal but has raised serious constitutional questions ever since,” writes Daniel Fisher. (Forbes)

Hewlett Packard will pay a reported $100 million to settle a securities class action by a Dutch pension fund over HP’s $11 billion purchase of British software company Autonomy. Holding that the “action has no merit”, HP will settle the suit, which was brought after the share price of Autonomy fell sharply after the purchase. (HITC Tech)

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