Hedge Fund SAC Capital Indicted on Decade-Long Insider Trading Scheme

After a six-year crackdown on Wall Street's penchant for insider trading, federal prosecutors have filed criminal charges against SAC Capital Advisors, the powerful hedge fund run by YOLO-ing billionaire Steve Cohen . The indictment (below) includes one count of wire fraud and four counts of securities fraud for insider trading violations carried out from 1999 through at least 2010. Read more ...

0 comments:

Post a Comment