NEW YORK (Reuters) - Steven A. Cohen's SAC Capital Advisors hedge fund has posted strong returns so far this year even as it deals with a criminal indictment charging the $14 billion fund with being a ...
NEW YORK (AP) -- A former SAC Capital Advisors portfolio manager was convicted Thursday of helping the company owned by billionaire Steven A. Cohen earn more than a quarter-billion dollars illegally ...
NPR's business news starts with a guilty plea. (SOUNDBITE OF MUSIC) GREENE: SAC Capital Advisors is expected to plead guilty to securities fraud today. The hedge fund company has agreed to pay $1.8 ...
SAC Capital Advisors LP, the firm that spawned several of the hedge funds tied to investigations by U.S. regulators, encourages competition. Its founder, 54-year-old Steven Cohen, hires traders and ...
This afternoon, Preet Bharara, U.S. Attorney for the Southern District of New York, announced a settlement of his office’s criminal insider trading case against SAC Capital Advisors LP. According to ...
Mathew Martoma, a former SAC Capital Advisors LP fund manager, right, exits federal court with his attorney Roberto Braceras in New York, U.S., on Thursday, Feb. 6, 2014. Martoma was found guilty in ...
The hedge fund operated by embattled billionaire Steven A. Cohen was hit with white-collar criminal charges Thursday, less than a week after federal regulators accused him in a related civil case of ...
SAC Capital Advisors will have to pony up $1.2 billion—$1.8 billion if you include a previous fine of $616 million—to settle the insider trading case levied against it by the US Justice Department.
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