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Archive Home > 2012 > November > 29 > SEC weighs suing SAC Capital

SEC weighs suing SAC Capital

• Charges of insider trading connected to firm’s high-profile leader

By Peter Lattman / The Bulletin
November 29, 2012

Federal regulators are preparing a civil fraud case against SAC Capital Advisors, the $14 billion hedge fund run by the billionaire investor Steven Cohen, according to a call that he held with the fund’s investors Wednesday morning.

SAC said it had received a so-called Wells notice from the....

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