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Monday, November 4, 2013

Hedge fund giant SAC Capital fined 1.8billion dollars by federal...

... and Exchange Commission. Criminal charges including wire and securities fraud were filed in July against the Stamford, Conn.-based SAC Capital, which is owned by billionaire Steven A. Cohen. They accused the company of making hundreds of millions of ...

http://www.dailymail.co.uk/news/article-2487279/Hedge-fund-giant-SAC-Capital-fined-1-8billion-dollars-federal-prosecutors-largest-insider-trading-fraud-punishment.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490

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