Tag: SAC

SAC trader accused of insider trading claims Bharara got it wrong | New York Post

An ex-trader for billionaire Steve Cohen’s now-defunct hedge fund, who had flipped to cooperate with the feds in an insider-trading case, is now seeking to withdraw his 2013 guilty plea, claiming that former Manhattan US Attorney Bharara didn’t have the smoking-gun evidence against him that he claimed, court papers show. via SAC trader accused of insider trading claims Bharara got…

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When the Feds Went After the Hedge-Fund Legend Steven A. Cohen – The New Yorker

Klotz pointed out that Cohen’s desk had seven monitors on it. His Microsoft Outlook messages appeared on the far-left one, behind multiple other screens, further increasing the likelihood that he never saw the Dell message. He would have had to “turn to the far left of his seven screens, minimize one or two computer programs, scroll down his e-mails, double-click…

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Steven Cohen Preparing Latest Constitutional Challenge to SEC’s APs | Compliance Week

The next constitutional challenge to the SEC’s administrative proceedings process may be the most high-profile one to date. Lawyers for Steven A. Cohen confirmed that the SAC Capital founder intends to mount such a challenge if ongoing settlement talks are not successful. via Steven Cohen Preparing Latest Constitutional Challenge to SEC’s APs | Compliance Week

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