SAC Capital's $600M Deal Passes, But Heat's On 2nd Circ.
By Max Stendahl ( April 16, 2013, 3:05 PM EDT) -- A New York federal judge on Tuesday approved the U.S. Securities and Exchange Commission's $600 million insider trading settlement with SAC Capital Advisors LLC — but conditioned the deal on the outcome of a Second Circuit case over the agency's policy of allowing defendants to neither admit nor deny wrongdoing....
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