Former SAC Capital employee Mathew Martoma exits the Manhattan Federal court following an appearance on insider trading charges in New York November 26, 2012. Martoma was released on $5 million bail ...
SAC Capital founder Steven A. Cohen Tuesday sought to turn a page following an insider-trading scandal, announcing plans to rename the firm that bears his initials. The once-mighty investment firm, ...
The U.S. Securities and Exchange Commission is examining whether hedge fund SAC Capital Advisors used insider information to profit from Johnson & Johnson's (NYSE:JNJ) takeover of Cougar Biotechnology ...
Martoma, SAC Capital Ex-Trader, Gets 9 Years in Prison Mathew Martoma’s parents asked why his former boss, Steven A. Cohen, was not also charged with insider trading if their son had done something ...
NEW YORK, Sept 14 (Reuters) - Hedge fund titan Steven Cohen scored a legal victory when a New Jersey judge tossed out a long-running civil lawsuit filed against his SAC Capital Advisors by insurer ...
This afternoon, Preet Bharara, U.S. Attorney for the Southern District of New York, announced a settlement of his office's criminal insider trading case against SAC Capital Advisors LP. According to ...
Oct. 25 (Bloomberg) -- SAC Capital Advisors LP, the hedge fund run by billionaire Steven A. Cohen, made at least $14 million in the past 10 years on suspicious trades, according to the Financial ...
SAC Capital has agreed to pay $1.2 billion to settle criminal insider trading charges. SAC will also plead guilty to multiple counts of securities fraud and will close its business to outside ...
The league is looking into whether the team, which Mr. Cohen bought three years ago and has spent lavishly on, violated rules regarding its injury list. By Michael S. Schmidt and Ken Belson Once a ...