University To Cough Up Evidence In SAC Insider Trading Case

Law360, New York (June 17, 2013, 7:35 PM EDT) -- The University of Michigan has agreed to turn over possible evidence in the insider trading case against former SAC Capital Advisors LP portfolio manager Mathew Martoma, Martoma’s lawyer said Monday.

The university will provide prosecutors and defense lawyers for Martoma with access to a computer used by one of its researchers, lawyer Richard Strassberg of Goodwin Procter LLP said in a letter to U.S. District Judge Paul Gardephe.

Prosecutors claim that Martoma earned SAC unit CR Intrinsic Investors LLC $276 million by trading on advance knowledge...
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