The Blame Game: Who Should be Indicted – the Company or the Individual?
Just how wide is the net being cast upon SAC by federal authorities? Last week, I posted about the unprecedented plea agreement worked out between prosecutors and SAC Capital Advisors, L.P. in what could be described as the most rampant insider trading scheme ever charged.… Read More
Bharara’s Insider Trading Inferno – SAC Pleads Guilty and Agrees to Pay Unprecedented $1.8 Billion Penalty. Will Cohen Also Go Down in Flames?
Billionaire Steven A. Cohen’s SAC Capital Advisors, L.P., a hedge fund accused of engaging in rampant insider trading, has agreed to plead guilty and pay an unparalleled $1.8 billion in penalties. In response to the indictment issued by Manhattan U.S. Attorney Preet Bharara on July… Read More