Stamford Hedge Fund Sentenced For Insider Trading To Pay Largest Ever Criminal FineU.S. District Judge Laura Taylor Swain formally administered the sentence on SAC Capital LP and three related entities under a $1.8 billion deal.
Hedge Fund SAC Capital Admits To Insider TradingOne of the world’s most powerful hedge funds pleaded guilty this week to insider trading charges.
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.