CBS2-Header-Logo WFAN 1010WINS WCBS tiny WLNYLogo
Live Now: President Obama Briefing in White House Press Room | Watch live | Listen: 1010 WINS | WCBS 880

Mathew Martoma

SAC Capital headquarters in Stamford, Conn. (credit: Getty Images)

Second Portfolio Manager From Stamford-Based Hedge Fund Convicted Of Insider Trader

When prosecutors announced the case against Mathew Martoma in November 2012, they said it may be the most lucrative insider trading scheme of all time.

02/06/2014

SAC Capital headquarters in Stamford, Conn. (credit: Getty Images)

Ex-SAC Capital Manager’s Harvard Expulsion Revealed In Insider Trading Trial

A former money manager facing trial on insider trading charges was expelled from Harvard Law School more than a decade ago after he used a forged transcript to apply for a clerkship with as many as 23 federal appeals judges, according to documents unsealed Thursday.

01/09/2014

SAC Capital headquarters in Stamford, Conn. (credit: Getty Images)

Judge: Steven A. Cohen Testimony Can’t Be Used In Insider Trading Trial

Billionaire Steven A. Cohen’s testimony to a financial regulatory agency cannot be shown to jurors at the insider trading trial of one of the former money managers at the hedge fund he founded, a judge said in a ruling made public Wednesday.

01/08/2014

SAC Capital headquarters in Stamford, Conn. (credit: Getty Images)

Judge: Hedge Fund Manager’s Fainting Spell Can’t Be Used As Evidence

A jury will not hear about how a former hedge fund manager fainted in front of his Florida mansion when federal agents showed up to talk about his alleged involvement in insider trading.

01/06/2014