Firm Spotlight
SAC Capital
KEY FACTS
Founded: 1992
Founders: Steven A. Cohen
Headquarters: Stamford, Connecticut, U.S.
Products: Asset management.
Website: www.careers.sac.com
SAC CAPITAL ON HITC
Case Against SAC's Steinberg Could Be Strong
Prosecutors have a tough case ahead of them in going after Michael Steinberg, the 16-year veteran of SAC Capital, as he never made direct contact with the insiders who allegedly leaked information.
Citi Settlement Questioned, SAC Professional Seeks New Judge
A Manhattan federal judge on Monday signalled he will not rubber-stamp Citigroup's proposed $590m settlement of a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets.
Ex-Portfolio Manager Pleads Not Guilty to Insider Trading
A former SAC Capital Advisors portfolio manager pleaded not guilty on Friday to a five-count criminal indictment alleging that he engaged in insider trading on shares of two technology companies.
SAC Backs Steinberg as Probe Moves Closer
SAC Capital fund manager Michael Steinberg was arrested by FBI agents as the U.S. government’s wide-ranging probe of insider trading at the $15bn firm got one step closer to founder Steven A. Cohen.
No Immediate Approval for SAC Settlement
Mark Crumpton reports on today's top headlines. He speaks on Bloomberg Television's 'Taking Stock'.
SAC’s Steinberg Arrested As Probe Gets Closer To Cohen
SAC Capital fund manager Michael Steinberg has been arrested at his New York home by FBI agents as the federal government’s wide-ranging probe of insider trading at the firm got one step closer to founder Steven A. Cohen.
SAC Capital's Insider-Trading Settlement May Be in Trouble
It sounds like the settlement between Steve Cohen's SAC Capital Advisors and the Securities and Exchange Commission might be in trouble.
U.S. Investigators Vs. SAC Capital's Steve Cohen
U.S. investigators have subpoenaed a 2011 deposition of SAC Capital Advisors founder Steven Cohen, whose sworn statements on insider-trading compliance may hurt him as he tries to persuade regulators not to file a lawsuit with the potential to shut his $14bn firm.
SAC Capital Sees Returns in January Amid Trading Scandal
Hedge fund SAC Capital, still fighting distractions on multiple fronts, churned out a modestly positive January with returns of about 2.5 percent, say two people familiar with the matter.
