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International Business Times
International Business Times
Bruce Golding

Pharma Exec To Plead Guilty In Insider Trading Case: Report

Epizyme Ipsen United States
The headquarters of the U.S. Securities and Exchange Commission is seen in Washington, D.C., Jan. 28, 2021. (Credit: SAUL LOEB/AFP via Getty Images)

A pharmaceutical executive agreed Tuesday to plead guilty in an insider trading case that federal prosecutors say netted him more than $262,000 in illegal profits.

Dishant Gupta, director of data strategy and operations for French drugmaker Ipsen, plans to plead guilty to securities fraud and settle a civil lawsuit filed by the Securities and Exchange Commission, Reuters reported, citing legal papers filed in U.S. District Court in Boston.

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