Defendant is charged under two indictments with various crimes arising out of his activities as a salesman of commodity futures options for the firm of Collins and Day Group, Inc. Indictment No. 4666/74 charges Mr. Stern with 12 counts of grand larceny in the second degree, 3 counts of grand larceny in the third degree and 2 counts alleging violation of the Martin Act. Indictment No.
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