The Problems With The SAC Capital Indictment

Law360, New York (July 26, 2013, 12:14 PM EDT) -- Ralph Waldo Emerson once said, “If you shoot at a king, you must kill him.” In a strange twist on this oft-quoted maxim, federal prosecutors appear to have composed a new version: “If you can’t kill the king, you can always try to blow up his castle.”

On Thursday, July 25, 2013, the U.S. Attorney’s Office for the Southern District of New York announced the unsealing of an indictment of SAC Capital Advisors LP, SAC Capital Advisors LLC, CR Intrinsic Investors LLC and Sigma Capital Management...
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