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Man pleads guilty to securities fraud in Disney's Marvel acquisition
Man pleads guilty to securities fraud in Disney's Marvel acquisition

A San Francisco man pleaded guilty to a single count of securities fraud Monday related to the 2009 acquisition of Marvel Entertainment by Walt Disney Co, federal authorities said.  The announcement by the U.S. attorney's office for the Central District of California caps the criminal case against Toby G. Scammell, a Bay Area man who had been accused of insider trading. A civil action by the U.S. Securities and Exchange Commission began with an insider trading charge in 2011; a judgment was issued in that case last month.   The SEC ordered Scammell to disgorge his trading profits and pay interest and civil penalties totaling $800,985. Prosecutors said he bought call...

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