Doc Block: Ex-SAC Trader Slams Feds In Discovery Row

Law360, New York (November 14, 2013, 7:48 PM EST) -- Former SAC Capital Advisors LP manager Mathew Martoma said in New York federal court Wednesday that prosecutors are trying to gain a "tactical advantage" in his criminal trial over alleged insider trading related to an Alzheimer's drug, by seeking to bar him from obtaining key documents in his civil case.

Martoma asked a district judge to reject the prosecutors' motion to halt discovery in the parallel U.S. Securities and Exchange Commission case until his criminal trial ends. Martoma is scheduled to go to trial in January...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Securities and Exchange Commission v. CR Intrinsic Investors, L.L.C. et al


Case Number

1:12-cv-08466

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Victor Marrero

Date Filed

November 20, 2012

Law Firms

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.