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SAC Capital Advisors manager arrested on insider-trading charges
In another sign of the government's intense focus on illicit trading on Wall Street, the FBI early Friday arrested a longtime SAC Capital Advisors portfolio manager on insider-trading charges. Federal agents took Michael Steinberg into custody at his...
Tags: Personal Investing, Pharmaceuticals, Upper East Side, Steven Cohen, Chemical Industry
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Cohen's SAC Pays $600 Million In SEC Insider Trade Settlement
Hedge fund titan Steven A. Cohen's firm, long the focus of a federal investigation into insider trading, is paying more than $600 million to U.S. securities regulators to settle allegations arising from improper trading in two stocks. The settlement with...Tags: Wyeth, Insider Trading, Mutual Funds, Steven Cohen, Elan Corporation Plc
Mar 29, 2013
|Story| Los Angeles Times
Mar 15, 2013
|Story| Hartford Courant
