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SAC Capital won't fully cooperate with government: letter
ReutersNEW YORK (Reuters) - Steven A. Cohen's hedge fund SAC Capital Advisors told investors on Friday it would no longer cooperate "unconditionally" with the U.S. government's insider trading investigation. In a brief letter to investors, the $15 billion hedge...Tags: CR Intrinsic Investors, LLC, SAC Capital Advisors, Elan Corporation Plc, Mutual Funds, Wyeth
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Insider-trading trial of SAC Capital's Steinberg to start Nov. 18
Reuters* SAC Capital employee loses bid for new judge * Steinberg has pleaded not guilty to five counts By Bernard Vaughan NEW YORK, May 3 (Reuters) - A federal judge has set Nov. 18 for the start of the criminal trial of Michael Steinberg, the most senior...Tags: Manhattan (New York City), Judges, SAC Capital Advisors, Trials, Crime, Law and Justice
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SAC Capital Advisors manager arrested on insider-trading charges
In another sign of the government's intense focus on illicit trading on Wall Street, the FBI early Friday arrested a longtime SAC Capital Advisors portfolio manager on insider-trading charges. Federal agents took Michael Steinberg into custody at his...
Tags: CR Intrinsic Investors, LLC, Upper East Side, Manhattan (New York City), Chemical Industry, FBI
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New sheriff of Wall St. is racking up insider trading convictions
NEW YORK — Preet Bharara, the man dubbed the new sheriff of Wall Street, notched another arrest in the government's vast insider trading probe. This time the top federal prosecutor in Manhattan nabbed a top portfolio manager at one of America's...Tags: Regional Authority, Manhattan (New York City), Government, Chemical Industry, SAC Capital Advisors
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Cohen's SAC Pays $600 Million In SEC Insider Trade Settlement
Hedge fund titan Steven A. Cohen's firm, long the focus of a federal investigation into insider trading, is paying more than $600 million to U.S. securities regulators to settle allegations arising from improper trading in two stocks. The settlement with...Tags: CR Intrinsic Investors, LLC, Insider Trading, SAC Capital Advisors, U.S. Securities and Exchange Commission, Elan Corporation Plc
May 17, 2013
|Story| Reuters
May 3, 2013
|Story| Reuters
Mar 29, 2013
|Story| Los Angeles Times
Mar 29, 2013
|Story| Los Angeles Times
Mar 15, 2013
|Story| Hartford Courant
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