The focus this week in securities enforcement continues to be SAC Capital. The firm's owner received a grand jury subpoena in the on-going criminal and civil insider trading investigations being conducted by the Manhattan U.S. Attorney's Office...
Speculation about SAC Capital and Steve Cohen, insider trading and Facebook
dominated securities enforcement litigation this week. Although SAC Capital has
tentatively resolved matters for the moment with enforcement officials, a
ruling in private litigation...
SAC Capital and Steven Cohen were the focus of securities enforcement litigation this week. Criminal wire and securities fraud charges were brought against the four primary entities that make up SAC Capital. Civil failure to supervise charges were brought...