Ex-SAC Trader Wins Key Documents From Star Gov't Witness

Law360, New York (January 2, 2014, 5:30 PM EST) -- The top witness for prosecutors in a $276 million insider trading case against former SAC Capital Advisors LP manager Mathew Martoma must turn over 11 key documents to the defense, a New York federal judge ruled Thursday following a lengthy legal skirmish.

U.S. District Judge Paul G. Gardephe granted Martoma’s motion to wrest the documents from Sidney Gilman, who is expected to serve as the government’s star witness during an upcoming trial. Prosecutors say Gilman gave Martoma confidential information about an Alzheimer’s drug trial, enabling him...
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