At trial, ex-manager details SAC insider trades

A former portfolio manager at billionaire Steven Cohen’s hedge fund said he engaged in insider trading “a number of times” at that firm and one other, as he testified at the trial of a technology consultant.Noah Freeman, who worked at Cohen’s SAC Capital Advisors from June 2008 to January 2010, also testified on Friday that he told federal agents “more than a dozen” people he had worked with over the years were involved in criminal conduct. He did not elaborate.

Read more: At trial, ex-manager details SAC insider trades — Reuters

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