Steve Cohen Escapes Jail Time Pays $600 Million For Insider Trading Crimes
The Teflon Trader slips away again. For those who don’t know, Steve Cohen of SAC Capital, number 36 on Forbes’ Richest Americans list, has been under investigation for a good deal of his career....
View ArticleSAC Capital To Face Criminal Charges
While the Bush and Obama Administrations let Wall Street slide for causing the 2008 financial crisis and fraudulent foreclosure activities afterward, one hedge fund may finally face charges after...
View ArticleSAC Capital Indicted, Pleads Not Guilty To Insider Trading Charges
SAC Capital has been formally indicted for insider trading and called a “magnet for market cheating” by federal prosecutors who said the firm had engaged in illegal securities trading from 1999 to...
View ArticleAnother SAC Trader Convicted Of Securities Fraud As Steven Cohen Enjoys Freedom
On Thursday the eighth former employee of SAC Capital was convicted of insider trading. Mathew Martoma was found guilty of using inside information to recommend that SAC Capital sell shares in a...
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