Employees Of Stamford's SAC Capital Advisors Deposed For Trial

STAMFORD, Conn. -- Several former co-workers of Mathew Martoma, a former trader from Stamford-based SAC Capital Advisors accused of insider trading, gave depositions to federal authorities to help build the case for the trial that begins Tuesday, Jan. 7, according to The New York Times.

No charges have been filed against SAC founder Steven A. Cohen in an alleged insider trading scandal.
Photo Credit: *File*

by The Daily Voice

01/07/2014 10:00 a.m.

Federal prosecutors could call several witnesses that worked with Martoma, who is charged with using inside information to help generate $275 million in profits for SAC in 2008, The Times Reported.

The SEC has not yet filed any charges against SAC founder and Greenwich resident Steven A. Cohen, according to The Times.

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