Cohen, 61, has also lost some seasoned portfolio managers when he became a family office.

Martoma had been charged with collecting confidential information about a high-profile Alzheimer's drug trial from two doctors and making p...

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.

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...

Forfeited funds are generally deposited into the Department of Justice Assets Forfeiture Fund and the Department of Treasury Forfeiture Fun...

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...

John Kinnucan’s questioning by the FBI in a broad insider-trading investigation has put the spotlight on money managers and their use of a ...

In a decision that will help corporates restructure businesses, the Chennai bench of Income-tax Appellate Tribunal (ITAT) has held that tax...

Federal prosecutors in the Galleon Group case have sent a subpoena to a former employee of SAC Capital Advisors, a sign that the scope of t...

: Even as DE Shaw flexes its muscle, another hedge fund has quietly scaled up its shareholding, by nearly 13%, in the Bermuda-based Orient-...