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Pa. man charged with insider trading on Dick’s stock that netted him over $800k: prosecutor

Posted on AllSides May 10th, 2024
From The Center

A western Pennsylvania man has been charged with securities fraud after prosecutors said he used inside information on Dick’s Sporting Goods to make more than $800,000 in the stock market.

Frank Poerio Jr., 62, a Richland Township, Allegheny County, resident faces four counts of securities fraud, according to the office of U.S. Attorney Eric Olshan in Pittsburgh.

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