SAC To Pay $1.8 bn For Insider Trading: US Attorney

SAC to pay $1.8 bn for insider trading: US Attorney (via AFP)

Giant hedge fund SAC Capital has agreed to plead guilty to criminal charges of insider trading and pay $1.8 billion to settle them, the US Attorney’s office announced Monday. SAC, run by multi-billionaire Steven A. Cohen, also agreed to give up its…





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