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  1. December 16, 2013

    SAC Manager 'Gladly' Traded On Insider Tips, Feds Say

    SAC Capital Advisors LP portfolio manager Michael Steinberg "gladly" traded using inside information, a federal prosecutor said Monday in closing arguments.

  2. December 11, 2013

    SAC Cooperator Says He Aided Many Insider-Trading Probes

    A central cooperator in the case against SAC Capital Advisors LP portfolio manager Michael Steinberg testified Wednesday that he had aided about a half-dozen insider trading investigations, a response to defense suggestions that he falsely implicated Steinberg in a last ditch bid for a plea deal.

  3. December 10, 2013

    Atty For SAC's Steinberg Brands Key Witness A Liar

    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.

  4. December 09, 2013

    SAC Manager Berated Consultant Over Inside Tips, Atty Says

    SAC Capital Advisors LP portfolio manager Michael Steinberg yelled at a consultant and made him cry when he suspected the consultant might have been supplying insider information, Steinberg's attorney said at an insider trading trial Monday.

  5. December 04, 2013

    Ex-SAC Analyst Stresses Dirty Source In Cross-Examination

    A former SAC Capital Advisors LP analyst turned government witness said Wednesday that his best tips for portfolio manager Michael Steinberg came from an illicit source, despite defense suggestions that some information came through legitimate channels.

  6. December 03, 2013

    Ex-SAC Analyst Testifies He Was Asked To Mislead FBI

    A former analyst for SAC Capital Advisors LP testified on Tuesday that portfolio manager Michael Steinberg asked him to mislead the FBI after the bureau began investigating insider trading at a number of hedge funds.

  7. December 02, 2013

    SAC's Steinberg Demanded Secrecy, Analyst Testifies

    SAC Capital Advisors LP portfolio manager Michael Steinberg wanted confidential financial information gleaned from Dell Inc. kept secret, his former analyst testified Monday at Steinberg's insider trading trial.

  8. November 27, 2013

    SAC's Steinberg Knew About Dell Source, Witness Testifies

    SAC Capital Advisors LP portfolio manager Michael Steinberg knew information he traded on came from a source within Dell Inc., his former analyst testified Wednesday at Steinberg's insider trading trial in Manhattan federal court.

  9. November 26, 2013

    Key Witness Takes Stand Against SAC's Steinberg

    A government cooperator who is expected to be a star witness took the stand late Tuesday in the insider trading trial of Michael Steinberg, telling jurors about his own crimes and close working relationship with the SAC Capital Advisors LP portfolio manager.

  10. November 21, 2013

    Cooperator Links Steinberg Analyst To 'Corrupt Network'

    A government witness on Thursday linked an SAC Capital Advisors LP analyst who worked for portfolio manager Michael Steinberg to a "corrupt network" of tech industry-oriented insider traders, opening the first day of testimony in Steinberg's insider trading trial.

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