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Jefferies Group director Cumming buys about 3.9M shares

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May 1, 2008

NEW YORK—A director of investment bank Jefferies Group Inc. bought approximately 3.9 million shares of stock, according to a Securities and Exchange Commission filing Wednesday.

In a Form 4 filed with the SEC, Ian Cumming reported he bought the shares for $18.78 to $18.82 apiece on Monday, Tuesday and Wednesday.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Jefferies Group is based in New York.

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