Browsing: Hedge Funds

Another Analyst Charged

07/31/2013
Sandeep Aggarwal, a technology stock analyst who set up his own boutique, was charged yesterday with leaking secret news in 2009 about a joint venture between Microsoft and ...

Insider Trading Charges Finally Levied Against SAC

07/29/2013
New York, NY – Last week the Department of Justice slapped Stamford CT-based hedge fund, SAC Capital Advisors, with criminal insider trading charges.  According to the indictment, Steve Cohen’s extremely ...

SAC’s Cohen Likely To Walk Free in Insider Trading Case

07/08/2013
New York, NY – According to a Wall Street Journal report published last week, US prosecutors are likely to forgo bringing criminal insider trading charges against SAC Capital’s founder, Steven ...

Are All Hedge Fund Managers Guilty of Insider Trading?

06/17/2013
New York, NY – Last week, the SEC reached a tentative settlement in New York Federal Court over an alleged civil insider trading case involving two technology companies with hedge fund ...

Additional SAC Redemptions Could Hit $3.5 bln

06/03/2013
New York, NY – The ongoing insider trading investigation at $15 bln Stamford CT-based hedge fund SAC Capital, is expected to have a huge impact on 2nd Quarter investor redemptions, with ...

HF Survey Suggests Insider Trading Here to Stay

04/04/2013
In a recent survey of hedge fund professionals, nearly half (46%) believed that their competitors have engaged in illegal activity, more than one third (35%) have personally felt pressure to ...

Two SAC Capital Subsidiaries Settle SEC Insider Trading Charges for $616 mln

03/18/2013
New York, NY – Last week, two units of Steve Cohen’s SAC Capital hedge fund, agreed to settle civil insider trading charges with the SEC for a record $615.7 mln. ...

SEC Priorities

03/11/2013
The U.S. Securities and Exchange Commission has laid out its priorities for 2013, and insider trading remains at the top of its list.  Similarly, fraud detection remains a high priority ...

SAC Withdrawals Exceed Expectations Due to Insider Trading Probe

02/19/2013
New York, NY – Valentine’s Day 2013 was not filled with love for hedge fund SAC Capital as the government’s ongoing insider trading investigation prompted investors to request withdrawals of ...

Former Seligman PM Fingers Another SAC Manager

01/28/2013
New York , NY – Last week, the Wall Street Journal broke a story that another government informant told federal investigators that a  former portfolio manager at SAC Capital Advisors ...
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