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By Saijel Kishan and Katherine Burton, Bloomberg |
November 5, 2013
In the hedge fund record books, there will always be doubts about how Steven A. Cohen outperformed rivals for more than 20 years.
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By Patricia Hurtado, Bloomberg |
November 4, 2013
Billionaire Steven Cohen’s SAC Capital Advisors LP, the hedge fund firm accused of fostering a culture of rampant insider trading, has agreed to plead guilty to a federal indictment and pay $1.8 billion, the U.S. said.
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By Patricia Hurtado and Joshua Gallu, Bloomberg |
November 4, 2013
SAC Capital Advisors LP will plead guilty to securities fraud as soon as today, the biggest hedge-fund firm to resolve charges in the U.S. government’s six-year crackdown on insider trading, according to a person familiar with the matter.
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By Ben Protess, New York Times |
October 18, 2013
New York Times reports SAC could agree to a possible $1 billion settlement
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By Saijel Kishan, Bloomberg |
August 13, 2013
SAC Capital Advisors LP, the hedge-fund firm that’s facing federal insider-trading charges and a money-laundering lawsuit, shuttered one of its trading units, according to a person with knowledge of the matter.
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By Patricia Hurtado, Bloomberg |
July 31, 2013
The probe of SAC Capital Advisors LP, which has led to insider-trading charges against the hedge fund and eight SAC employees, has snared an outside analyst who is accused of giving illegal tips to a former SAC manager.
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By Patricia Hurtado, Bloomberg |
July 26, 2013
Insider trading evidence against SAC Capital Advisors LP includes court-authorized wiretaps, a U.S. prosecutor said at the $14 billion hedge fund’s arraignment in federal court in Manhattan.
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By Ginger Szala |
July 26, 2013
Also: CFTC charges Panther Energy Trading with first case of "spoofing" under Dodd-Frank Act
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By Saijel Kishan, Katherine Burton and Kelly Bit, Bloomberg |
July 22, 2013
In April 2008, three months before drug makers Elan Corp. and Wyeth were scheduled to release results of their Alzheimer’s drug trial, two health-care analysts for hedge-fund manager Steven A. Cohen warned their boss in an e-mail that a doctor, who implied he had seen inside information about the trial,...
