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Prosecutors are zeroing in on Steve Cohen's SAC Capital. The New York Times' Jim Stewart discusses whether traders will turn on Cohen, with CNBC's Kate Kelly.
CNBC's Kate Kelly reports a tentative trial date for former SAC trader Mathew Martoma was set for November 4th. Prosecutors may also seek a "superseding indictment," which would likely be more detailed. she says.
Riot police continue to use tear gas against the protestors in Instanbul, reports CNBC's Seema Mody; and Ed Conard, American Enterprise Institute, discuss what Steve Cohen and his team at SAC Capital can do amid charges.
BOSTON/ NEW YORK, June 3- Steven A. Cohen's embattled hedge fund SAC Capital Advisors is facing a much tougher and less glamorous future, as outside investors pull the bulk of their money from the firm in the wake of an ongoing insider trading probe.
CNBC's Kate Kelly reports that SAC Capital expects to lose a large portion of its $6 billion in outside capital.
CNBC's Kate Kelly reports SAC insiders expect to lose billions of dollars today.
SAC Capital could lose billions more from investors this quarter as Monday's deadline for redemption arrives, vs. $1.68 billion yanked during the first quarter.
*Ironwood Capital Management to pull $100 million. *Blackstone Group also to redeem from Steve Cohen's fund. NEW YORK, May 28- Ironwood Capital Management plans to pull about $100 million from embattled hedge fund SAC Capital Advisors, adding to the list of problems for billionaire trader Steven A. Cohen.
As part of the government's ongoing insider trading investigation into SAC Capital, three senior executives have been subpoenaed, reports CNBC's Mary Thompson.
CNBC's Kate Kelly offers insight on news 3 SAC Capital executives received subpoenas as part of the U.S. government's insider trading probe at the hedge fund.
Three SAC Capital executives received subpoenas as part of the U.S. government's insider trading probe at the hedge fund, reports CNBC's Mary Thompson.
SAC Capital is under investigation for insider trading, and its founder Steve Cohen has received a subpoena to testify about his company before a grand jury, reports CNBC's Kate Kelly.
SAC Capital's Steve Cohen is reportedly being subpoenaed to testify before a grand jury, and JPMorgan's Jamie Dimon is facing a crucial vote on his Chairman and CEO roles, with CNBC's Kate Kelly and Kayla Tausche.
CNBC's Kate Kelly has the latest details on alleged insider trading at the hedge fund.
SAC deadline for Q2 investor redemptions will now be June 3, reports CNBC's Kate Kelly.
CNBC's Kate Kelly reports on SAC Capital's performance in the month of April.
Bethany McLean, Vanity Fair contributing editor, offers insight on the piece she co-wrote about Steve Cohen.
Steve Cohen's SAC Capital disclosed a 5.03% stake in OpenTable, reports CNBC's Josh Lipton.
The burning question for SAC investors who are considering pulling their capital from the hedge fund is whether Steve Cohen will be indicted, reports CNBC's Kate Kelly. (1:41)
SAC Capital faces the potential loss of billions of dollars. CNBC's Kate Kelly offers insight.