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Terren Peizer, protégé of Michael Milken, gets 3-1/2 years prison for insider trading

Terren Peizer, protégé of Michael Milken, gets 3-1/2 years prison for insider trading

Prosecutors charged Peizer, who worked under Milken in the 1980s, with illegally avoiding losses by selling about $20 million of Ontrak shares under plans he set up in 2021.

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