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SEC: 'Primary strategist' in $27 million 'lucrative market manipulation' case plans to settle

Jennifer Schlesinger

“This week, Defendant Honig and the Commission staff reached an agreement in principle to settle the Commission’s claims for liability," the SEC said in a motion. The SEC charged 19 others along with Honig in September. The SEC lready settled in full or in part with nine defendants, including Miami biotech billionaire Phillip Frost, according to court filings.