Daryl Payton, 38, and Benjamin Durant III, 37, pleaded notguilty to one count of conspiracy and five counts of securitiesfraud in an indictment unsealed in Manhattan federal court. Thetwo men, arrested this morning in New York by the Federal Bureauof Investigation, were each released on $250,000
Benjamin Durant and Daryl Payton not only acquired insideinformation about a corporate acquisition and made illegalprofits from it, but they colluded with others to conceal theircrime, Bharara said in a statement.