Citron Out As Probes Dog Datek
ATS/ECN UPDATE
NEW YORK--In what is believed to be an attempt to reinitiate a delayed IPO, Datek's chief executive and chairman Jeffrey A. Citron has left the company. It now remains to be seen whether this move was timely enough to lead to a successful stock offering over a year after it was first abandoned.
The 29-year old Citron, Datek's co-founder, was succeeded by Edward J. Nicoll, 46, who had been chairman and chief operating officer. Citron has long been associated with Datek's old day trading business
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