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Feds Targeting SAC Capital's Steve Cohen?
Tuesday, November 27, 2012 - 9:48am | 1988Read More...Yet another former employee of SAC Capital was indicted on insider trading. On Tuesday, U.S. Attorney Preet Bharara's office charged former SAC Capital portfolio manager Mathew Martoma in a $276 million insider trading case -- the largest of its kind. The alleged nefarious trading took place in...
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Former SAC Capital Analyst Horvath Pleads Guilty to Insider Trading
Monday, October 1, 2012 - 3:00pm | 517Read More...A former technology analyst at Steve Cohen's hedge fund, SAC Capital Advisors LP, has pleaded guilty to charges that he took part in an insider trading ring. Joe Horvath, 42, faces a maximum sentence of 45 years in prison and could be deported, as he is a Swedish citizen. He pleaded guilty to one...
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Has SAC Capital Successfully Weathered The Insider Trading Storm?
Thursday, February 24, 2011 - 12:25pm | 335Read More...According to a Reuters special report, that seems to be the case. Steven Cohen's $13 billion hedge fund wasted no time in responding to the insider trading charges against two former employees, Donald Longueuil and Noah Freeman. SAC Capital's clients are giving the fund the benefit of the doubt....
