Tan Kian Tiong has been promoted to chief operating officer (COO) on Feb 6, succeeding Bernard Lim, who has stepped down from ...
Investors plan to withdraw more than $1.68 billion from SAC Capital, according to a source familiar with the Stamford-based hedge fund. Investors originally had until Feb. 14 to say whether they ...
Pfizer Inc. reached a deal with the Securities and Exchange Commission in which the drugmaker would collect $29 million to ...
SAC Capital Advisors LP, a Stamford hedge fund firm run by Steven Cohen, is the focus of an insider-trading inquiry by the Securities and Exchange Commission, the Wall Street Journal reported, citing ...
As SAC Capital fights to fend off an insider trading investigation, investors are running away from the Stamford hedge fund. Both SAC and its founder Steven A. Cohen have been at the epicenter of a ...
According to a Reuters special report, that seems to be the case. Steven Cohen's $13 billion hedge fund wasted no time in responding to the insider trading charges against two former employees, Donald ...
When the FBI showed up at Mathew Martoma’s multimillion-dollar Florida mansion shortly before dawn on a November morning in 2011, the former SAC Capital hedge fund trader fainted on his front lawn.
The future of SAC Capital hangs in the balance after criminal charges are field. Signage stands outside the offices of hedge fund SAC Capital Advisors LP in Stamford, Connecticut, July, 20, 2013.
Even in the high-flying hedge fund world, where vast pools of capital dart in and out of markets with billions at stake, SAC Capital has stood out for its audacity, ambition and mammoth returns. And ...
On Friday, the notorious hedge fund SAC Capital will appear before U.S. District Judge Laura Swain in New York to plead guilty to all five counts of an indictment against it. But shareholders in two ...
Oct. 25 (Bloomberg) -- SAC Capital Advisors LP, the hedge fund run by billionaire Steven A. Cohen, made at least $14 million in the past 10 years on suspicious trades, according to the Financial ...
SAC Capital founder Steven A. Cohen Tuesday sought to turn a page following an insider-trading scandal, announcing plans to rename the firm that bears his initials. The once-mighty investment firm, ...