BRIEF-SEC says Compass Group founder Massoud to pay $1.4 mln to settle insider trading charges

Fri Nov 30, 2012 11:28am EST

Nov 30 (Reuters) - * SEC says charges i. joseph massoud, founder of compass group management, with

insider trading * SEC says massoud agrees to settle by paying more than $1.4 million * SEC says massoud engaged in insider trading ahead of sale of patriot capital

funding group based on information he learned in the bidding process

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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