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Expert Networker John Kinnucan Arrested by FBI in Trading Probe

John Kinnucan, the Broadband Research LLC founder who said he refused to secretly record a money manager in a U.S. probe of insider trading, was arrested in Portland, Oregon, the FBI said.

Federal Bureau of Investigation agents arrested Kinnucan at his home late yesterday afternoon, Elizabeth Steele, an FBI spokeswoman in Portland, said in an e-mail. Steele said Kinnucan was in the Multnomah County Jail awaiting his initial appearance today before a federal judge.