Five months after its initial terms were set, a historic criminal settlement between SAC Capital and prosecutors was approved Thursday.» Read More
SAC Capital Advisors officially changed its name to Point72 Asset Management and became a family office managing $9 billion to $10 billion of Steven Cohen's money, reports CNBC's Kate Kelly.
April 4- Billionaire investor Steve Cohen- owned SAC Capital Advisors LP's lawyers proposed to retain corporate adviser and former federal prosecutor Bart Schwartz as a compliance consultant while the hedge fund pleads guilty to insider trading charges.
CNBC's Kate Kelly speaks to former SAC Capital energy trader Nick Tiller of Sustainable America, about the culture of the hedge fund.
Steve Cohen is mulling an out-of-court resolution to a parallel SEC case in which he himself is the defendant, according to people familiar with the matter.
CNBC's Kate Kelly reports SAC's Steve Cohen is considering settling his civil case with the SEC.
SAC Capital has hired a data miner that has done work for the CIA and the FBI to keep closer tabs on its own employees.
SkyBridge's SALT Las Vegas has a lagging younger sibling, SALT Singapore.
The SAC Capital Advisors exodus continues. CNBC's Jeff Cox explains.
Two more senior traders have left SAC Capital for Highbridge as the troubled hedge fund firm becomes a family office.
CNBC's Kate Kelly reports that SAC Capital will be revamped on May 1. An SAC memo says the firm has returned almost all investor money.
The probe into insider trading continues with authorities looking at a number of funds, including SAC Capital, a source tells CNBC.
Dr. Sidney Gilman, the government's key witness in Mathew Martoma's trial, testified that the FBI said their main target was Steven A. Cohen.
CNBC's Kate Kelly reports that a key witness in Mathew Martoma's trial has cited Steven A. Cohen as the primary target in the FBI's investigation.
Former SAC trader Mathew Martoma forged a Harvard transcript, falsified an email and created a dummy forensic computing company to try to cover his tracks, according to a court document.
CNBC's Kate Kelly reports the jury is still being picked for the case of U.S. versus Mathew Martoma involving insider trading of a former SAC Capital trader.
CNBC.com Enterprise Reporter Lawrence Delevingne explains that having a history with troubled hedge fund SAC usually doesn't make it difficult to raise money or find a new job.
CNBC's Scott Cohn reports on the difference U.S. Attorney Preet Bharara is making on Wall Street.
After his conviction Wednesday on criminal insider trading charges, Michael Steinberg could be hit with millions in unexpected legal fees.
CNBC.com Enterprise Reporter Lawrence Delevingne explains why this hefty fine is no big deal for the SAC Capital fund manager, who is worth far more.
way to SAC Capital Advisors portfolio manager Michael. Steinberg is the first employee of Steven A. Cohen's SAC Capital Advisors to face trial in a decade-long government investigation of insider trading at the hedge fund.