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Sac Capital Insider Trading

SAC Fund Manager Guilty Of Insider Trading Charges

AP | By LARRY NEUMEISTER | Posted 09.19.2014 | Business

NEW YORK (AP) — A portfolio manager for one of the nation's largest hedge funds accused by the government of cheating to boost sagging results in 20...

SAC Capital Does What It Promised And Pleads Guilty

AP | LARRY NEUMEISTER | Posted 01.23.2014 | Business

NEW YORK — NEW YORK (AP) — SAC Capital Advisors pleaded guilty to criminal fraud charges Friday, satisfying a deal with the government that re...

Hedge Fund To Pay Record Settlement

AP | By LARRY NEUMEISTER and MARCY GORDON | Posted 01.23.2014 | Business

NEW YORK (AP) — A federal prosecutor says the federal government has effectively shut down a hedge fund giant with a deal requiring it to plead guil...

Record Insider Trading Settlement Nears

Reuters | Posted 01.23.2014 | Business

Nov 4 (Reuters) - SAC Capital Advisors, Steven A. Cohen's multibillion-dollar hedge fund, and U.S. prosecutors are expected to announce on Monday a ...

Investors May Face Clawbacks in SAC Scandal

Janet Tavakoli | Posted 02.24.2014 | Business
Janet Tavakoli

Fund managers that invested with SAC must be quaking in their Guccis. Investors expected them to perform first-class due diligence before placing funds under Cohen's management. Yet serious questions have swirled around Cohen's trading practices for more than a decade.

Disgraced Hedge Fund Pleads Not Guilty To Damning Charges

Reuters | Posted 09.25.2013 | Business

* Voluminous evidence includes court-authorized wiretaps * Sept 24 next court date By Bernard Vaughan NEW...

Mark Gongloff

SAC Capital Indictment Does Not Mean The End Of 'Too Big To Jail' | Mark Gongloff | Posted 07.25.2013 | Business

The feds finally seem to have gotten over their fear of bringing criminal charges against a financial company -- but that doesn't mean they have lost ...

SAC Capital Reaches Record-Setting Insider Trading Settlement

Reuters | Posted 03.15.2013 | Business

(Reuters) - Hedge fund titan Steven A. Cohen's firm, long the focus of a federal investigation into insider trading, is paying more than $600 million ...

Hedge Fund Accused Of Weight Watchers Insider Trading

Reuters | Posted 02.06.2013 | Business

* US looking at possible insider trading in early 2011 * Weight Watchers shares doubled during the period under review ...

Hedge Fund Faces SEC Probe Over Possible Insider Trading

Posted 12.20.2011 | Business

The Securities and Exchange Commission is examining whether hedge fund SAC Capital Advisors used insider information to profit from Johnson & John...