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Cohen firm to stop special bonus incentive

No Pot Of Gold

Steven A. Cohen’s firm will stop collecting employees’ best trading ideas for a central investment pool and rewarding them with a special bonus, a practice that the U.S. government said created wrong incentives at his former hedge fund SAC Capital Advisors.

Steven Cohen forced to face ex-wife's lawsuit

Steven Cohen Still

SAC Capital Advisors founder Steven Cohen was ordered by a judge to face questions in his ex-wife’s post-divorce fraud lawsuit about times he may have been ‘untruthful,’’ including during the government’s insider-trading probe of his hedge fund.

People News - Barclays, Citi, Goldman

For Hire

Three technology stock traders have left the Boston office of Steven A. Cohen’s nearly $10bn family office over the last week in a new round of defections at a firm that is still dealing with the fallout from a significant insider trading investigation.

Steven Cohen firm bans some instant messaging

MIRC Chat

Point72 Asset Management LP, Steven A. Cohen’s family office and successor to his hedge-fund firm SAC Capital Advisors LP, is banning some of its employees from using instant messaging for external communication after last year agreeing to settle insider trading allegations.

Another insider case stems from SAC Capital

Dog Detective

Federal regulators on Thursday announced the latest case to stem from the decade-long insider trading investigation into SAC Capital Advisors, taking aim at a former employee for prompting a number of illegal trades.

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Pile Of Coins

Federal prosecutors seek 'any and all' SAC assets

SAC Capital and its founder Steve Cohen could be left penniless if prosecutors are successful in their case against the firm. U.S. Attorney Preet Bharara unveiled a civil complaint targeting "any and all assets" of SAC and its funds.