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Last year, the firm reaped nearly $440 million-taking home $34 million in pure profit.
com, based in Norwalk, CT, has reaped and continues to reap tens of millions of dollars off consumers by illegally obtaining personal, private information, including credit card information, of visitors to its partners' websites.
Alger is alleged to have allowed market timing by select investors who reaped profits at the direct expense of a fund's long-term investors.