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SAC Capital Advisors

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

Stamford Hedge Fund Sentenced For Insider Trading To Pay Largest Ever Criminal Fine

U.S. District Judge Laura Taylor Swain formally administered the sentence on SAC Capital LP and three related entities under a $1.8 billion deal.

04/10/2014

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

Michael Steinberg, right, in March 2013 (credit: Getty Images)

Former Hedge Fund Manager Faints Just Before Guilty Verdict Read

Just as the Manhattan jury handed its verdict sheet to the judge Wednesday, the former hedge fund manager fainted on the defense table.

12/18/2013

Michael Steinberg, a portfolio manager for the hedge fund operator SAC Capital Advisors, after his arrest on Friday March 29, 2013 (credit: Marla Diamond/WCBS 880)

SAC Capital Portfolio Manager Arrested In Manhattan

A 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.

03/29/2013

Mets owners Jeff, Fred Wilpon (credit: Drew/AP Photo)

Report: Hedge Fund Billionaire Steven Cohen Loses Interest In Mets’ Stake

It may be back to the drawing board for Fred and Jeff Wilpon. According to the New York Post, hedge fund billionaire Steven A. Cohen, thought to be the front-runner to buy a minority stake in the Mets, “has quickly lost interest.”

WFAN–05/11/2011