Stake in Richey Cut
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GARDEN GROVE — Saul Levy and an investment company he controls cut their stake in Richey Electronics Inc. to 3.5% from 5.7% of common shares outstanding. The investors sold 200,000 shares on May 14, according to a report filed Wednesday with the Securities and Exchange Commission.
Levy and his company, First Investment Group, now hold 318,863 shares in Richey, a Garden Grove distributor of electronic components.
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