Steve Cohen Profile, Biography, About


  • Martoma trial witness: FBI targeted SAC's Cohen Thursday, 23 Jan 2014 | 6:35 PM ET
    Former hedge fund portfolio manager Mathew Martoma.

    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.

  • US vs. Martoma jury being picked     Wednesday, 8 Jan 2014 | 1:10 PM ET

    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.

  • The SAC connection     Wednesday, 8 Jan 2014 | 11:00 AM ET

    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.

  • Bharara 'not through' with Wall St.     Friday, 27 Dec 2013 | 10:25 AM ET

    CNBC's Scott Cohn reports on the difference U.S. Attorney Preet Bharara is making on Wall Street.

  • The next headache for SAC's Steinberg: Legal fees? Thursday, 19 Dec 2013 | 4:27 PM ET
    Michael Steinberg, former employee of SAC Capital Advisors LP, center, exits federal court with attorney Barry Berke, right, in New York, on Wednesday, Dec. 18, 2013.

    After his conviction Wednesday on criminal insider trading charges, Michael Steinberg could be hit with millions in unexpected legal fees.

  • $1.8B no sweat for Steve Cohen     Tuesday, 26 Nov 2013 | 11:00 AM ET

    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.

  • Bharara: SAC criminal case 'remains open'     Tuesday, 12 Nov 2013 | 11:56 AM ET

    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.

  • SAC plea decision delayed by judge Friday, 8 Nov 2013 | 5:11 PM ET
    Steven A. Cohen

    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 Capital to fight civil case against founder Wednesday, 6 Nov 2013 | 5:39 PM ET
    SAC Capital Advisors

    SAC is planning to fight the civil case against its founder Steve Cohen for failure to supervise employees.

  • SAC's Cohen plans to fight SEC     Wednesday, 6 Nov 2013 | 5:18 PM ET

    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 to become a 'family office' Tuesday, 5 Nov 2013 | 11:54 AM ET

    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 settlement awaiting approval by judges     Monday, 4 Nov 2013 | 4:17 PM ET

    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.

  • Cohen's 2013 compensation likely to exceed fine Monday, 4 Nov 2013 | 4:05 PM ET
    Steve Cohen, chairman and chief executive officer of SAC Captial Advisors LP.

    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.

  • SAC Capital takes responsibility     Monday, 4 Nov 2013 | 2:09 PM ET

    SAC said that it is responsible "for the handful of men who pleaded guilty and whose conduct gave rise to SAC's liability." CNBC's Kate Kelly reports.

  • Record insider trading penalty     Monday, 4 Nov 2013 | 2:07 PM ET

    U.S. Attorney Preet Bharara says it is rare to hold a corporate entity like SAC Capital accountable for these types of securities fraud charges, reports CNBC's Kate Kelly.

  • What's next for SAC?     Monday, 4 Nov 2013 | 1:35 PM ET

    Are some institutions too big to jail? CNBC's Kate Kelly says this unprecedented case is not over yet and this settlement serves as a warning to what potential litigation lies ahead.