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U.S. News

Accused insider trader Martoma worked at SAC Capital affiliate

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Published: Tuesday, 20 Nov 2012 | 10:32 AM ET

NEW YORK (Reuters) - The former hedge fund manager accused of a $250 million insider trading scheme worked for some time for SAC Capital, according to sources who confirmed his employment history with Reuters on Tuesday.

Mathew Martoma, who has been charged with trading on inside information on some drug companies, worked at CR Intrinsic Investors, a unit of SAC.

His lawyer was not immediately available for comment.

(Reporting By Emily Flitter; Editing by Gerald E. McCormick)

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NEW YORK (Reuters) - The former hedge fund manager accused of a $250 million insider trading scheme worked for some time for SAC Capital, according to sources who confirmed his employment history with Reuters on Tuesday.

   
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