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Bristol-Myers exec charged with insider trading

Bristol-Myers exec charged with insider trading

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, N.J. — A Bristol-Myers Squibb executive has been charged with .

The U.S. attorney’s office in Newark, N.J., says Robert Ramnarine bought and sold stock in companies that his firm was considering buying.

As director and later executive director of pension and savings investments, Ramnarine was assigned to check out the pension plans of firms under consideration for purchase.

Authorities say his illegal trades made him about $310,000 in from 2010 through this year.

He is due in federal court in Newark later Thursday.