The court last week rejected Martoma's bid for bail pending appeal saying he has "failed to show that the appeal raises a substantial quest...

SAC had last year pleaded guilty to insider trading and agreed to pay $1.8 billion to settle the criminal and civil charges against it.

Here is a round-up of those whose worth went up or down on Wednesday - Marin Cilic & Mathew Martoma.

Preet Bharara nailed Mathew Martoma, who worked for hedge-fund billionaire Steven Cohen, getting him 9 years in prison for insider-trading.

Prosecutors accused Martoma of making illegal trades in pharmaceutical stocks based on tips about a clinical trial for an Alzheimer's drug.

Mathew Martoma, 39, was convicted in February of one count of conspiracy to commit securities fraud and two counts of securities fraud.

Indian-origin portfolio manager, convicted for his role in one of most lucrative insider trading schemes in US history, should be sentenced...

Rajat Gupta, former MD of McKinsey was sentenced in October 2012 to two years in prison and fined $5 million for giving tips to Rajaratnam.

It will still most likely continue to manage Cohen’s vast fortune, a move that would help maintain its influence on Wall Street.

One of the key figures in the government's crackdown against SAC is the firm's former Indian-origin hedge fund portfolio manager Mathew Mar...

Mathew Martoma pleaded not guilty today to criminal charges after he was indicted last month in one of the "most lucrative" insider trading...

He had worked with CR Intrinsic Investors, an affiliate of SAC Capital Advisors. SAC is owned by Steven Cohen, who is among one of the worl...

Mathew Martoma, 38, appeared in a brief court hearing yesterday before US Magistrate Judge James Cott and was informed of his rights as a c...