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Cowen Group director buys shares

By Associated Press
June 16, 2008 | Comments (0)

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A director of investment bank Cowen Group Inc. bought 26,300 shares of stock, according to Securities and Exchange Commission filings Friday.

In Form 4's filed with the SEC, John E. Toffolon Jr. reported buying the shares on Wednesday and Thursday for $7.92 to $8.35 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Cowen Group is based in New York.

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