| Sep 1, 2014
| 10:08 PM
NEW YORK (Reuters) - U.S. judges are imposing increasingly long prison terms for insider trading, a Reuters analysis shows. The rise is at least partly driven by the bigger profits being earned through the illegal schemes, defense lawyers said.
| Aug 14, 2014
| 10:24 AM
NEW YORK (Reuters) - A federal judge rejected billionaire investor Steven A. Cohen's bid to dismiss lawsuits by Elan Corp and Wyeth shareholders who claimed they lost money because his firm SAC Capital Advisors LP conducted insider trading in the...
| Aug 18, 2014
| 4:22 PM
BOSTON (Reuters) - Thomas Conheeney, who was president of Steven A. Cohen's SAC Capital Advisors during the years the hedge fund was being investigated for insider trading, has stepped down from the position at successor organization Point72 Asset...
| Nov 4, 2013
| 6:04 PM
NEW YORK — Steven A. Cohen faces what could be an end to his career as one of Wall Street's most profitable money men after his hedge fund agreed to plead guilty to charges of criminal insider trading.
SAC Capital Advisors becomes the first...
| Nov 14, 2013
| 8:40 AM
An Andy Warhol work depicting a gruesome car crash has sold for $105.4 million at auction, a record amount for the pop artist. The sale was made Wednesday evening at a Sotheby's auction of contemporary art in New York.
The auction also featured the sale...
| Sep 27, 2013
| 2:45 PM
In Connecticut, a first driver's license costs at least $72, plus the $40 examination fee, so there is no way you're out of there for less than $112.
University of Connecticut basketball player Tyler Olander got a really good deal last week when he...
| Mar 20, 2013
Insider-trading probe: In the March 16 Business section, an article about a Securities and Exchange Commission settlement with two affiliates of hedge fund SAC Capital Advisors mischaracterized a previous deal between the regulator and financier Michael...
| Jul 26, 2013
| 10:30 AM
WASHINGTON -- Clear communication and proper timing are key to the Federal Reserve ending its unprecedented stimulus efforts without damaging the improving U.S. economic recovery, the International Monetary Fund said Friday.
With Fed policymakers set to...
| Jul 26, 2013
| 7:59 AM
WASHINGTON -- Americans are more optimistic about the economy than at any time since the Great Recession as rising home and stock prices boosted consumer confidence this month to a six-year high.
The consumer sentiment index from the University of...
| Jul 30, 2013
| 5:00 PM
The U.S. attorney in Manhattan last week announced the criminal indictment of hedge fund SAC Capital Advisors. Some may wonder what is to be gained by the effort and expense. Unlike the case of hedge fund mogul Raj Rajaratnam, who went to prison in 2011...
| Jul 23, 2013
| 6:30 AM
Federal authorities are trying to topple Steven A. Cohen from his heights as one of the world’s top hedge fund managers by stripping him of the right to invest other people’s money.
Could fighting the non-criminal proceeding that the...