June 18, 2015
The saga of the U.S.'s civil case against the former SAC Capital Advisors LP, a fund controlled by billionaire Steven A. Cohen that allegedly became a hotbed of insider trading, has finally come to an end under an order signed Thursday by a New York federal judge.
November 08, 2013
SAC Capital Advisors LP pled guilty Friday to government charges of insider trading at the hedge fund, though a judge that said she had not decided whether to accept its $1.2 billion plea deal.
November 06, 2013
A federal judge on Wednesday approved part of a record-high $1.2 billion insider trading settlement between hedge fund SAC Capital Advisors LP and prosecutors, noting his role was largely "window dressing."
November 05, 2013
The New York federal judge tasked with approving or rejecting part of SAC Capital Advisors LP's $1.2 billion insider trading settlement signaled on Tuesday that he will consider two recent court decisions rejecting U.S. government pacts with major banks, suggesting the landmark deal will face a rigorous review.
September 04, 2013
A federal judge on Wednesday agreed to delay a civil forfeiture action against hedge fund firm SAC Capital Advisors LP, which has been accused of insider trading, while prosecutors pursue a criminal case against it.
July 26, 2013
SAC Capital Advisors LP pled not guilty Friday to insider trader charges, as prosecutors previewed a case against the Steven Cohen-helmed hedge fund that they say will be based on testimony from ex-employees and wiretaps.