US Atty's Office In NY Recovered $4B In 2013

Law360, New York (February 11, 2014, 5:35 PM ET) -- The U.S. Attorney’s Office for the Southern District of New York since January 2013 has recovered nearly $4 billion from criminal and civil matters, including against SAC Capital Advisors LP and JPMorgan Chase & Co., prompting the office to rename the asset forfeiture unit, according to a Tuesday statement.

The recovered funds include more than $2.7 billion in forfeitures, $1.06 billion in restitution, criminal fines and special assessments, and $149.8 million in civil actions, the U.S. attorney’s office said. Manhattan U.S. Attorney Preet Bharara said the...
To view the full article, register now.