Richard Strassberg


Richard Strassberg News

  • SAC’s Martoma Sentence Delayed as Both Sides Mum on Talks

    The sentencing of former SAC Capital Advisors LP hedge fund manager Mathew Martoma, who faces what may be the longest insider trading prison-term in history, will be delayed following a defense request for additional time, a court clerk said.

  • SAC’s Martoma: One-Time Record Crime Deserves Leniency

    Former SAC Capital Advisors LP hedge fund manager Mathew Martoma is seeking leniency for his record $276 million insider-trading scheme, in part because he only did it once.

  • Martoma Leniency, Glaxo Probe, Tourre Appeal: Compliance

    Former SAC Capital Advisors LP fund manager Mathew Martoma is seeking a lenient prison term for his insider-trading conviction, saying the narrow scope of his unlawful trades warrants a lighter penalty when he is sentenced next month.

  • SAC’s Martoma Seeks Leniency for Insider Trading

    Former SAC Capital Advisors LP hedge fund manager Mathew Martoma is seeking leniency for his record $276 million insider-trading scheme, in part because he only did it once.

  • SAC Prosecutor Tells SEC Cohen’s Case Should Be Delayed

    An administrative proceeding filed against SAC Capital Advisors LP founder Steven A. Cohen by the Securities and Exchange Commission should be put on hold because prosecutions of his former employees aren’t fully resolved, the government told an agency judge.

  • SAC’s Martoma Harvard-Expulsion Revealed as Trial Starts

    Nine years before former SAC Capital Advisors LP fund manager Mathew Martoma engaged in what prosecutors claim was “the most lucrative insider trading scheme ever charged,” he was kicked out of Harvard Law School for faking his grades.

  • Martoma a Victim of Intent to Charge Cohen, Defense Says

    Former SAC Capital Advisors LP fund manager Mathew Martoma was portrayed by his lawyer as the victim of a “rush to judgment” by prosecutors looking to use him to bring insider-trading charges against his former boss, Steven A. Cohen.

  • Ex-SAC Manager Martoma Faces Nov. 4 Insider-Trading Trial

    Former SAC Capital Advisors LP portfolio manager Mathew Martoma is scheduled to go on trial Nov. 4 on charges he helped the hedge fund founded by Steven A. Cohen make $276 million using illegal tips about a drug to treat Alzheimer’s disease.

  • New SAC E-Mails Given Martoma as Steinberg Heads to Trial

    SAC Capital Advisors LP e-mails and other documents found on “newly discovered” backup tapes from 2007 and 2008 were turned over to a former fund manager accused of insider trading, his lawyer said.

  • Witness Against SAC’s Martoma Says His Memory Evolved

    The government’s star witness at the insider trading trial of Mathew Martoma told a defense lawyer seeking to discredit his testimony that his memory of a key 2008 meeting with the former SAC Capital Advisors LP fund manager improved over time.

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