The top lawyer for patent licensor Acacia Research Corp. has agreed to pay $25,000 to settle allegations that she backdated and withheld records from the U.S. Securities and Exchange Commission in connection with an insider-trading investigation. 

The settlement stems from Meredith Simmons’ activity while she was serving as GC and chief compliance officer for New York-based hedge fund Mason Capital Management from 2012 to 2018, when she was fired, according to the SEC settlement order.

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