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Fidelity Pays $8M in SEC Gift Scandal

Investor giant Peter Lynch fined $20K for procuring tickets to concerts, games

By Zach Samalin,  Newser Staff

Posted Mar 5, 2008 10:20 PM CST

(Newser) – Investment guru Peter Lynch and Fidelity Investment settled SEC charges brought against them alleging that Lynch used Fidelity traders to procure tickets to high-profile concerts and sporting events. Lynch, vice chairman of Fidelity's parent company, agreed to pay $15,948 for the tickets, plus $4,...   Read full story »

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