Ex-Celgene Corporation, Sanofi-Aventis (New Jersey) Drug Execs Admit Roles in Stock Scheme

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A former executive of Summit-based Celgene pharmaceuticals and another man have pleaded guilty to running an insider trading scheme. John Lazorchak was director of financial reporting at Celgene Corp., a biotech drugmaker. He and five other people were charged last November with participating in a five-year-long insider trading scheme.

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