NEW YORK: A former executive at an e-commerce company that was acquired in 2011 by online retailer eBay Inc pleaded guilty on Friday to insider trading in connection with the takeover.
Christopher Saridakis, 45, who had led the marketing solutions division of GSI Commerce Inc, pleaded guilty to one count of securities fraud for leaking material nonpublic information in March 2011 about the planned merger.
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