Steven A. Cohen

Steven A. Cohen, the founder of one of the world's most successful hedge funds, has ripped off his initials from the fund originally named SAC. The company will now be named Point72 Asset Management. The new name was chosen because its headquarters is based at 72 Cummings Point Road in Stamford,...

It's finally happened: SAC Capital, the legendary hedge fund run by Steven A. Cohen, has been charged in a New York federal court for one count of wire fraud and four counts of securities fraud. The wire fraud arises from the use of insider information to dupe investors out of fees while the...