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Hedge founder gets 11 years in insider trade probe

A former billionaire described by the government as “the modern face of illegal insider trading” was sentenced Thursday to 11 years in prison, the longest insider trading sentence ever but far short of...

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Mudd, facing civil charge, steps down at Fortress

Former Fannie Mae CEO Daniel Mudd is taking a leave of absence from the hedge fund he runs less than a week after being charged in connection with the 2008 financial crisis. Randal Nardone, principal...

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7 charged in $61M insider trading case

A hedge fund co-founder, a hedge fund portfolio manager, four financial analysts and a Dell Inc. employee teamed up in a record-setting insider trading scheme that netted more than $61.8 million in...

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Lampert hedge fund leaves Connecticut for Florida

A $9 billion private investment hedge fund has moved out of Connecticut. The Greenwich Time reports ESL Investments, run by billionaire Edward Lampert, notified investors it has relocated to Miami. A...

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SEC files charges against hedge fund founder Cohen

The Securities and Exchange Commission has filed civil charges against Steven A. Cohen that accuse the billionaire hedge-fund manager of failing to prevent insider trading at the fund he founded. Cohen...

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Hedge fund to operate amid US fraud charges

The criminal indictment and civil lawsuits brought against SAC Capital Advisors and related companies did not name billionaire Steven A. Cohen as a defendant.

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SEC delaying civil action against Cohen

The SEC filed the action July 19 against Cohen, alleging he failed to prevent illegal insider trading by some portfolio managers at the SAC Capital Advisors.

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SAC Capital employee found guilty in NY case

A portfolio manager for SAC Capital Advisors, accused by the government of cheating to boost sagging results in 2007, was convicted on insider trading charges.

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SAC Capital ex-trader convicted of insider trading

A former SAC Capital Advisors portfolio manager was convicted Thursday of helping his company earn more than a quarter billion dollars illegally.

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Poison pills

How Margaret Hamburg led the FDA, while her spouse’s firm held billions in Pharma stocks

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