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Browse: Home / 2014 / February / 13 / SAC Capital’s ‘Code of Silence’ — Fox Business

SAC Capital’s ‘Code of Silence’ — Fox Business

By Securities Docket on February 13, 2014, 4:58 pm

Although he faces a civil suit filed by the Securities and Exchange Commission, [Steve] Cohen, who has repeatedly denied wrongdoing, has yet to be charged with a criminal offense.

Why?

The reason tossed around most often is that Cohen has simply purchased the silence of his  former employees, most notably Martoma, whose legal expenses were reportedly covered by SAC.

via SAC Capital’s ‘Code of Silence’ — Fox Business.

Posted in Criminal, Top | Tagged Cooperation, Criminal, Web Watch

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