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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....
