Atty For SAC’s Steinberg Brands Key Witness A Liar

Law360, New York (December 10, 2013, 8:36 PM EST) -- A lawyer for SAC Capital Advisors LP portfolio manager Michael Steinberg on Tuesday accused a key government witness in the insider trading case of lying to save himself from prison, wrapping up a lengthy cross-examination.

Former SAC analyst Jon Horvath falsely implicated Steinberg, his former boss, lawyer Barry Berke of Kramer Levin Naftalis & Frankel LLP said in the close of a cross-examination in Manhattan federal court.

Horvath is widely seen as a key witness for the government in its case against Steinberg. Berke spent the...
To view the full article, register now.



Case Information

Case Title

Magistrate judge case number: 

Case Number



New York Southern

Nature of Suit

Date Filed

February 6, 2012

Law Firms


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.