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Birmingham Retirement and Relief System v. S.A.C. Capital Advisors, L.L.C. et al
Case Number:
1:13-cv-02459
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Companies
Sectors & Industries:
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January 06, 2016
SAC's $10M Class Action Settlement Gets Judge's Initial Nod
A New York federal judge on Wednesday gave his initial blessing to a proposed $10 million settlement between SAC Capital Advisors LP and Wyeth Ltd. shareholders who say they were harmed by the now-defunct hedge fund firm's $276 million insider trading scandal around a failed Alzheimer's treatment.
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December 23, 2015
SAC To Pay $10M To End Investors' Trading-Fraud Suit
Now-defunct hedge fund SAC Capital Advisors LP has agreed to pay $10 million to resolve a class action in which investors claimed they were duped by SAC's alleged $276 million insider trading scheme, according to a Wednesday filing in New York federal court.
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October 23, 2013
Investor Can Lead SAC Class Action Despite Past Suits
An institutional investor that has served as the lead plaintiff in five different securities class actions in the past three years is not barred from leading another suit over SAC Capital Advisors LP's alleged $276 million insider trader scheme, a New York federal judge ruled Tuesday.
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June 18, 2013
Scott & Scott To Lead SAC Insider Trading Class Action
A New York federal judge has named Scott & Scott LLP as lead counsel in a putative class action against SAC Capital Advisors over an alleged $276 million insider trading scheme at the hedge fund involving Wyeth Ltd. stock, according to a Monday order.