The civil action is the first charge ever brought against Cohen after years of criminal and civil probes. The accusation was filed by the Securities and Exchange Commission.
According to Forbes, Steve Cohen, 57, founder of Stamford-based SAC Capital Advisors, is the second-richest billionaire in Greenwich with a net worth of $9.3 billion. Cohen is the 41st-richest person in the United States.
Read the full story here in The New York Post.
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