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Friday, November 8, 2013

Hedge Fund SAC Will Pay More Than $1 Billion For Insider Trading

... and securities fraud, agreeing to pay at least $1.2 billion, the largest-ever penalty for insider trading. The Stamford, Conn.-based hedge fund entered the plea four days after the government announced it had reached a deal with the firm, which is ...

http://www.npr.org/blogs/thetwo-way/2013/11/08/243995891/hedge-fund-sac-will-pay-more-than-1-billion-for-insider-trading?ft=1&f=1006

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