Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Contact Us | All Access E-Edition | Home RSS
 
 
 

SAC Capital pleads guilty in NY in $1.8B deal

November 9, 2013
By LARRY NEUMEISTER , The Associated Press

NEW YORK - SAC Capital Advisors pleaded guilty to criminal fraud charges Friday, satisfying a deal with the government that requires the Connecticut-based hedge fund to pay a record $1.8 billion to settle charges that it allowed, if not encouraged, insider trading to occur for more than a decade.

 
 

 

I am looking for: