Steven A. Cohen, the billionaire whose hedge-fund firm SAC Capital Advisors LP agreed to plead guilty to securities and wire-fraud charges, will stay on the board of the Robin Hood Foundation, the organization said.
Evidence that SAC Capital Advisors LP founder Steven A. Cohen liquidated his entire position in Dell Inc. after getting a tip from ex-analyst Jon Horvath shouldn’t be included in the trial of SAC portfolio manager Michael Steinberg, U.S. prosecutors said.
Sandeep Aggarwal, a former research analyst with Collins Stewart LLC, admitted passing inside information about a deal involving Yahoo! Inc. and Microsoft Corp. to a former SAC Capital Advisors LP fund manager.
Sandeep Aggarwal, a former research analyst accused of giving inside tips to a former SAC Capital Advisors LP fund manager, has a “guilty plea hearing” scheduled for Nov. 8, prosecutors said in a court filing.
When Jennifer McCrea -- perhaps the best-connected fundraiser in Manhattan -- meets a billionaire to ask for money, she almost never schleps to his office, instead choosing neutral ground at a local coffee shop.
SAC Capital Advisors LP, the hedge- fund firm led by billionaire Steven Cohen, has agreed to plead guilty to a federal indictment and pay $1.8 billion as part of a multiyear investigation into insider trading.
Patricia Cohen, the ex-wife of SAC Capital Advisors LP founder Steven Cohen, said the indictment and enforcement action by the U.S. against the hedge fund are proof she’s a victim of his fraud and a reason why her suit against him shouldn’t be dismissed.