Second Portfolio Manager From Stamford-Based Hedge Fund Convicted Of Insider TraderWhen prosecutors announced the case against Mathew Martoma in November 2012, they said it may be the most lucrative insider trading scheme of all time.
Judge: Hedge Fund Manager's Fainting Spell Can't Be Used As EvidenceA 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.
Former Hedge Fund Manager Faints Just Before Guilty Verdict ReadJust as the Manhattan jury handed its verdict sheet to the judge Wednesday, the former hedge fund manager fainted on the defense table.
Feds File Insider-Trading Charges Against Hedge Fund SAC CapitalFederal authorities in New York City announced the criminal charges against SAC Capital Advisors on Thursday. SAC is charged with wire fraud and four counts of securities fraud, but owner Steven Cohen is not charged.
SAC Capital Portfolio Manager Arrested In ManhattanA senior portfolio manager for one of the nation's largest hedge funds was arrested Friday, accused of making $1.4 million illegally in a widening insider trading probe involving an investment company founded by billionaire businessman Steven A. Cohen.