Ex-Arthrocare exec pleads guilty to stock fraud scheme

May 10, 2013 by Brad Perriello

David Applegate, the former senior vice president for ArthroCare's spinal business, pleads guilty to federal charges that he helped run a $400 million scheme to defraud investors.

Ex-Arthrocare exec pleads guilty to stock fraud scheme

Ex-ArthroCare (NSDQ:ARTC) executive David Applegate pleaded guilty this week to federal charges that he helped run a scheme that eventually defrauded investors in the medical device company of some $400 million.

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