SAC's Steinberg Guilty Of Insider Trading
A jury in Manhattan federal court returned a verdict Wednesday afternoon, finding Steinberg guilty on all counts. The nine-woman, three-man jury began its deliberations Tuesday morning and had been out for roughly 12 hours total.
Steinberg, an SAC clerk who rose to become one of the company's approximately 80 highly compensated portfolio managers, is the highest-ranked executive at Stamford,...
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