Financial Markets
4 days ago
SAC Capital Advisors, Steven Cohen’s $15bn hedge-fund firm, told investors it’s no longer cooperating unconditionally with the U.S. government’s insider-trading investigation.
Financial Markets
2 months ago
The ex-wife of SAC Capital Advisors founder Steven A. Cohen won reinstatement of most of a lawsuit in which she seeks $8.25m in damages based on claims the hedge fund is 'the product of an ongoing racketeering scheme' that engaged in insider trading.
Video
by Bloomberg (RSS feed) - 2 months ago
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.
Video
by Bloomberg (RSS feed) - 2 months ago
Steven Cohen, owner of SAC Capital Advisors, has bought Pablo Picasso’s 'Le Reve' for $155m from casino owner Steve Wynn, a person familiar with the transaction said.
Financial Markets
2 months ago
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.
Video
by Vic Daniels (RSS feed) - 3 months ago
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.
Financial Markets
3 months ago
U.S. investigators have subpoenaed a 2011 deposition of SAC Capital Advisors LP founder Steven Cohen, whose sworn statements on insider-trading compliance may hurt him as he tries to persuade regulators not to file a lawsuit that could shut his $14bn firm.
Financial Markets
5 months ago
The insider-trading indictment of ex-SAC Capital Advisors LP portfolio manager Mathew Martoma sets in motion a criminal trial process that puts new pressure on him to cooperate with the government’s investigation of the hedge- fund firm founded by billionaire Steven Cohen.
Financial Markets
5 months ago
U.S. prosecutors face a deadline next week that may force them to tip their hand on whether they’re in plea talks with an ex-SAC Capital Advisors LP manager to get him to testify against founder Steven Cohen about insider trading.
Financial Markets
5 months ago
Two days before Dell Inc. was set to report second-quarter 2008 earnings, Jon Horvath, a technology analyst at SAC Capital Advisors LP, e-mailed his boss Michael Steinberg and another portfolio manager to warn that the computer maker would miss earnings estimates.