December 12, 2016
The Second Circuit on Friday asked the government and former SAC Capital Advisors LP manager Mathew Martoma to explain how the U.S. Supreme Court's recent decision in the Salman insider trading case impacts Martoma's challenge to his own conviction for trading on inside information.
March 24, 2014
New York federal prosecutors on Friday urged a judge to reject former SAC Capital Advisors LP manager Mathew Martoma's bid to reverse his insider trading conviction, saying the motion "distorts or ignores important evidence" presented during a four-week trial.
February 07, 2014
Despite Goodwin Procter LLP's best efforts, former SAC Capital Advisors LP manager Mathew Martoma was convicted on Thursday, becoming the 79th defendant found guilty of insider trading in Manhattan federal court in the last four years and underscoring the difficulty law firms face in defeating such cases.
February 06, 2014
The government's decisive win Thursday against former SAC Capital Advisors LP manager Mathew Martoma brings it one step closer to billionaire hedge fund owner Steven Cohen, long considered the ultimate target of a historic insider trading crackdown.
February 05, 2014
The insider trading trial against former SAC Capital Advisors LP manager Mathew Martoma will enter a third day of deliberations after a New York federal jury failed to reach a verdict on Wednesday, at one point asking to review testimony by a key defense witness.
February 03, 2014
Former SAC Capital Advisors LP manager Mathew Martoma used inside sources as a "canary in the coal mine" to illegally earn $275 million for the hedge fund, a federal prosecutor said Monday during closing arguments in the closely watched case.
January 02, 2014
The top witness for prosecutors in a $276 million insider trading case against former SAC Capital Advisors LP manager Mathew Martoma must turn over 11 key documents to the defense, a New York federal judge ruled Thursday following a lengthy legal skirmish.
August 22, 2013
Federal prosecutors have identified a second source of insider information for former SAC Capital Advisors LP portfolio manager Mathew Martoma, according to a Thursday superseding indictment that adds fresh details to the $276 million case.
August 19, 2013
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.
July 01, 2013
Former SAC Capital Advisors LP manager Mathew Martoma on Friday urged a New York federal court to throw out insider trading charges related to transactions in the stock of Irish firm Elan Corp. PLC, citing the U.S. Supreme Court's decision to bar claims over foreign securities in Morrison v. National Australia Bank Ltd.