May
2017
Saturday, June 01, 2013
Dina ElBoghdady, Reuters
Submitted by: Editor

Will Steven A. Cohen Get Away With Fraud?

Hedge fund manager Steven A. Cohen is the founder and chairman of SAC Capital Advisors has been under investigation for insider trading in a $276 million scandal. And the Feds are scrambling to make anything stick.

[Reuters] The outcome involves high stakes for both Cohen and the government, experts tracking the case said. Prosecutors have been working their way up the hierarchy at the hedge fund for years, they said, and this case gives them their best shot at Cohen — if they can act before the five-year statute of limitations lapses July 21.

Posted by Editor on 06/01/13 at 09:58 AM •  (0) Comments

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