In one of the longest prison sentences for insider trading, SAC's Martoma was also ordered to forfeit $9.38 million by a federal judge in New York.» Read More
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.
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.
CNBC's Kate Kelly reports on the evidence phase in the insider trading trial for SAC Capital.
U.S. Attorney Preet Bharara was asked about the SAC Capital settlement at the DealBook Conference. CNBC's Kate Kelly reports Bharara also defended the indictment of the corporation.
The judge in the SAC case will wait to decide whether to accept SAC's guilty plea until after a pre-sentencing report is filed.
SAC is planning to fight the civil case against its founder Steve Cohen for failure to supervise employees.
CNBC's Kate Kelly reports SAC Capital has signaled it is planning to fight the SEC in another civil case against Steve Cohen for failure to supervise employees who allegedly broke the law.
CNBC's Kate Kelly reports that SAC Capital is considering moving its family office into a new corporate entity, which may result in a name change.
SAC Capital says it will manage only the capital belonging to founder Steve Cohen, his relatives and certain employees.
Former FDIC chair Shelia Bair feels the $1.8 billion fine against SAC hurts and she applauds the U.S. Attorney and SEC for bringing charges against SAC.
SAC Capital Advisors is expected to pay $1.8 billion to the federal government after pleading guilty to criminal fraud charges. CNBC's Kate Kelly reports the latest details.
Steven Cohen will likely earn more in 2013 than the $1.8 billion he has paid in settlements for SAC Capital, said people close to the matter.