Feds, Steinberg Want Jurors Questioned On $1.2B SAC Pact
By Max Stendahl
Law360, New York (November 7, 2013, 2:05 PM ET) -- Prosecutors and former SAC Capital Advisors LP manager Michael Steinberg have asked a New York federal judge to question jurors for an upcoming insider trading trial about their knowledge of the hedge fund's guilty plea and $1.2 billion settlement, according to a Wednesday court filing.
The joint request — widely expected in the wake of SAC’s landmark settlement — comes as the parties are preparing for trial beginning Nov. 18. Prosecutors allege Steinberg traded on confidential information about Dell Inc. and Nvidia Corp. while he was...