Relevant:
- SAC Capital Reaches Tentative Insider Trading Deal
- Conviction upheld in biggest insider-trading case in history (AT THE ERSTWHILE SAC CAPITAL)
- Push To Make Insider Trading Legal Comes A Bit Too Late For SAC Capital
- How did the SEC get it this wrong? The judge throws out the Mark Cuban insider trading charges
- SAC's Martoma's Nine-Year Sentence Reflects Outsized Insider Trading Gains
2013-03-18 — fiercefinance.com
``While Cohen has not been charged, the company has been. It has agreed to pay $614 million to settle charges that it traded illegally on insider information. That's more than anyone has ever paid to settle charges--more than Ivan Boesky, Michael Milken and Goldman Sachs. The bulk of the payment will settle charges that it that it sold nearly $1 billion in shares of two durg companies after Martoma, then employed by SAC Capital, received and shared secret information about problems with a new drug for Alzheimer's disease.''
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