SAC seeks to settle insider trading charges: Bloomberg Businessweek

... of as much as $1 billion, according to the report, which cited anonymous sources. The U.S. government charged the Stamford, Connecticut-based firm on July 25 with securities and wire fraud, saying SAC presided over a culture in which employees ...

http://www.reuters.com/article/2013/09/23/us-sac-settlement-report-idUSBRE98M11120130923?feedType=RSS&feedName=businessNews