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Pinnacle bigwig busted during meeting for insider trading

From nypost.com

Sometimes traders, lawyers and other Wall Street types just can’t act on a good stock tip quickly enough — even when they should know better. James Cope is one of those people. Cope, 67, a lawyer and a longtime board member of Nashville-based Pinnacle Financial Partners, was at a board meeting on Jan. 5 when he learned that the company was about to buy Avenue Financial Holdings, the Securities and Exchange Commission said Friday. Cope apparently liked the deal so much that he logged on to his TD Ameritrade account while at the meeting and bought 2,000 shares, the SEC charged in a 16-page insider-trading lawsuit filed ... (full story)

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