Feds charge hedge fund SAC Capital in NY case

... appearance for the firm's lawyers was scheduled for Friday. The possibility that the criminal case could topple the Stamford, Connecticut, firm, which once managed $15 billion in assets, led the prosecutor to note that the government was not seeking ...

http://www.tribtown.com/view/story/5da8ff6b7d5242a3af0e009ddb9262d6/US-Hedge-Fund-Charged