February 19, 2013 at 10:31 AM EST
SAC’s Cohen May Face SEC Suit as Deposition Hurts Case
U.S. investigators have subpoenaed a 2011 deposition of SAC Capital Advisors LP founder Steven Cohen, whose sworn statements on insider-trading compliance may hurt him as he tries to persuade regulators not to file a lawsuit with the potential to shut his $14 billion firm. The SEC told the hedge fund Nov. 20 that it planned [...] View the full post at: SAC’s Cohen May Face SEC Suit as Deposition Hurts Case Related posts: Goldman’s Abby Cohen Replaced as the Bank’s Chief Forecaster Google Execs Could Face Charges By Italian Prosecutors Billionaire Galleon Group Founder Arrested for Insider Trading
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