keywords: founders fund baxter investors pilgrim
text: Fund Founders to Settle, Pay \$160 Million NEW YORK, Nov. 17 -- Gary L. Pilgrim and Harold J. Baxter, founders of a tech-based mutual fund that blazed and then fizzled in the 1990s, agreed yesterday to pay \$160 million to settle charges that Pilgrim took advantage of trading opportunities and Baxter shared inside information at the expense of investors.