1. SAC in $1.8B Settlement with Justice Department

    SAC in $1.8B Settlement with Justice Department

    Hedge fund powerhouse SAC Captital Advisors will plead guilty to criminal insider trading charges Monday in a deal with federal prosecutors that will include a fine reportedly in the area of $1.8 billion...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      Board Recruitment Publication, BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content

    1. The government believes that the proposed global resolution is fair, reasonable, and firmly promotes the interests of justice, deterrence and respect for the law. The aggregate $1.8 billion is – to the Government's knowledge – the largest financial penalty in history for insider trading offenses.
  3. Topics Mentioned

  4. Authors