November 01, 2013
SAC Capital Advisors LP should admit to insider trading in shares of Elan Corp. as part of an expected plea agreement with U.S. prosecutors, an attorney representing Elan investors in a related class action told a New York federal judge on Friday.
October 30, 2013
The U.S. government's looming insider trading settlement with SAC Capital Advisors LP would mark the high point of an insider trading crackdown that has already seen more than 80 individuals charged in four years, but attorneys say the landmark case may not signal the end of the era.
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.
August 09, 2013
SAC Capital Advisors LP and prosecutors on Friday received a judge's approval of a protective order allowing the investment firm to continue operations but requiring it to maintain most of its asset value while facing insider trading charges.
July 31, 2013
U.S. District Judge Laura Taylor Swain has handled everything from a book copyright case against Jerry Seinfeld to the sentencing of Bernard Madoff's little brother. Now attorneys say the former Debevoise & Plimpton LLP counsel is ready for her biggest assignment yet: the insider trading indictment of SAC Capital Advisors LP.