STAMFORD, Conn. -- Stamford hedge fund SAC Capital Advisors and federal prosecutors began talks to settle criminal insider trading charges against the firm, according to a report by The New York Times.
Hedge fund to begin talks to settle criminal charges.
Photo Credit: Thinkadvisor.comCharges were filed against the hedge fund in July, according to the article.
Steven Cohen of Greenwich founded SAC Capital Advisors. He is worth an estimated $9.3 billion.
For the full story go to dealbook.nytimes.com
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