Anthony Sabino

Anthony Sabino News

  • SAC’s Martoma Faces Up to 20 Years at June 10 Sentencing

    Former SAC Capital Advisors LP fund manager Mathew Martoma, who was found guilty Feb. 6 in the most lucrative insider-trading scheme ever, is scheduled to be sentenced June 10 and may face as many as 20 years in prison.

  • Ex-SAC Fund Manager Martoma Found Guilty in Insider Case

    Former SAC Capital Advisors LP fund manager Mathew Martoma was found guilty in the most lucrative insider-trading scheme ever as federal prosecutors racked up a seventh conviction in their six-year probe of the hedge fund and its billionaire founder, Steven A. Cohen.

  • SAC Capital Insider Jury Seeks Testimony Favoring Defense

    The jury in the trial of former SAC Capital Advisors LP portfolio manager Mathew Martoma ended its second day of deliberations yesterday without a verdict, after asking to review testimony supporting his claim that details of a drug trial weren’t derived from inside information.

  • SAC Capital’s Martoma Defense May Be Hurt by Partnership

    When former SAC Capital Advisors LP fund manager Mathew Martoma presents his defense to insider- trading charges, how much he shares with jurors may be limited by what his lawyers called “toxic character evidence.”

  • SAC Manager Guilty as Insider Focus Turns to Martoma

    SAC Capital Advisors LP’s Michael Steinberg became the fund’s longest-serving manager to be convicted of insider trading in a U.S. victory that may increase pressure on his accused one-time colleague, Mathew Martoma, to cooperate in the probe of founder Steven A. Cohen.

  • SAC’s Cohen Focus of Trial as Martoma Rebuffs U.S.

    Mathew Martoma may have the one thing prosecutors have been unable to find in their probe of SAC Capital Advisors LP: a direct link between founder Steven Cohen and insider trading. Having refused to cooperate, Martoma now faces trial for what the government claims was the biggest illegal trade in U.S. history.

  • BP’s Oil Spill Deal Sours as Claims Add Billions to Cost

    BP Plc’s $8 billion settlement with victims of the 2010 Gulf of Mexico spill may have hurt Europe’s second-largest oil company more than it helped.

  • Rajaratnam to Be Sentenced Today for Hedge-Fund Insider Scheme

    Galleon Group LLC’s Raj Rajaratnam will be sentenced today for masterminding the biggest hedge-fund insider trading scheme in U.S. history, facing a federal judge who has broad discretion in setting his punishment.

  • Cohen Eludes U.S. as Latest Case Is Short on Evidence

    Looks can be deceiving when it comes to assessing the U.S. criminal investigation of SAC Capital Advisors LP founder Steven A. Cohen.

  • SAC Judge Delays Decision on Insider-Trading Plea

    The U.S. judge overseeing SAC Capital Advisors LP’s guilty plea to securities fraud said she wouldn’t immediately decide whether to accept it, saying she wanted to review the documents first.

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