Daily Archives: November 4, 2013, 6:20 pm

SAC Capital Pleads Guilty in Criminal Insider Trading Case, Will Pay $1.2 Billion in Penalties – Compliance Week

This afternoon, Preet Bharara, U.S. Attorney for the Southern District of New York, announced a settlement of his office’s criminal insider trading case against SAC Capital Advisors LP. According to Bharara, the $1.8 billion in total penalties that will be paid by SAC is believed to be the largest financial penalty in history for insider trading. via SAC Capital Pleads Guilty…

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