Ex-SAC Trader's Bail Eased To Allow Trip To Mount Rushmore

Law360, New York (August 19, 2013, 1:05 PM EDT) -- Former SAC Capital Advisors LP portfolio manager Mathew Martoma won court permission Friday to take a 10-day vacation to Mount Rushmore, modifying a bail agreement that had restricted his travel to the East Coast before a November trial on insider trading charges.

U.S. District Judge Paul Gardephe granted Martoma's Aug. 14 request to temporarily modify the terms of his release to allow the vacation between Aug. 30 and Sept. 8. The former trader was freed on $5 million bail in November shortly after his arrest on...
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