June 06, 2013
With a trial date now set in the insider trading case against Mathew Martoma, defense attorneys and jury experts say the former SAC Capital Advisors LP portfolio manager may be wise to avoid taking the stand and compromising his already-slim chances at victory.
May 21, 2013
Former SAC Capital Advisors LLP portfolio manager Mathew Martoma told a New York federal court Monday that prosecutors were trying to "have it both ways" by insisting their $276 million insider trading case was focused on specific deals in July 2008, but also included allegations dating back to 2006.
April 30, 2013
Former SAC Capital Advisors LLP portfolio manager Mathew Martoma on Monday accused prosecutors of relying on "inferences and innuendo" to charge him with running a $276 million insider trading scheme — the largest sum ever alleged in such a case — saying an indictment lacked basic information about the alleged tips.
January 11, 2013
An SAC Capital Advisors LP unit will push to dismiss claims in a U.S. Securities and Exchange Commission suit over its alleged involvement in $276 million in insider trading related to an experimental Alzheimer's treatment, its lawyer said Friday.
November 26, 2012
A former portfolio manager for SAC Capital Advisors LP who was arrested and charged with insider trading in connection with an Alzheimer's disease drug trial that allegedly netted the hedge fund about $276 million was released on a $5 million bail deal Monday.