New York financier Donald J. Trump said...
New York financier Donald J. Trump said he has agreed to settle for $750,000 a Justice Department lawsuit over options he bought in 1986 on stock of two casino operators, Holiday Corp. and Bally Manufacturing. The government action, announced two weeks ago, accused Trump of violating the Hart-Scott-Rodino Act by buying the options before filing notifications and observing the statutory waiting period. Although his financial and legal advisers say he did not violate the law, Trump said, he agreed to settle “to avoid protracted litigation” over “a highly technical disagreement.”
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