CNBC's Becky Quick reports that criminal charges are expected to be filed today against SAC Capital. Founder Steven Cohen is not expected to be charged.
Federal authorities are getting ready to announce a criminal indictment of SAC Capital Advisors. Is this the proper thing to do? Former Federal Prosecutors Thomas Curran, and Mitch Epner, weigh in. Epner says, "this is Captain Ahab and Moby Dick."
As of today, SAC Capital has $14.2 billion under management and it continues to invest it, reports CNBC's Kayla Tausche; and former SEC Chairman Harvey Pitt thinks "even if Steve Cohen wins the case, the damage has already been done to the firm."
SAC management is trying reassure the staff the firm will operate normally, reports CNBC's Kate Kelly. The stock is up about 10 percent through mid-July.
CNBC's Kayla Tausche reports that SAC Capital is likely to face criminal charges. The company stopped cooperating with Federal investigators in late May.
Jacob Frenkel, Schulman Rogers, discusses what criminal charges are likely to be brought against SAC Capital.
CNBC's Kayla Tausche looks at SAC Capital and Steve Cohen's response to the SEC charges.
SAC Capital sends out a 45-page rebuttal to the charges from the SEC, reports CNBC's Kate Kelly. The firm has gone to great lengths to deter insider trading, according to the letter.
Former SEC Chairman Harvey Pitt offers insight on the civil charges against SAC Capital founder Steven Cohen. "If these charges are proved, he's out of business," he says.
Richard Holwell, Holwell Shuster & Goldberg, the judge who heard the case against the Galleon Group's Raj Rajaratnam, offers his perspective on the administrative case against SAC Capital's Steve Cohen.
Bethany McLean, CNBC contributor, discusses the SEC's charges against SAC Capital Founder Steve Cohen. She thinks a criminal indictment of Cohen is unlikely, but adds many things could change that.
The Securities and Exchange Commission's civil case against SAC Capital founder Steve Cohen is not that strong, two former SEC enforcement attorneys tell CNBC.
Ron Geffner, Sadis and Goldberg, discusses the administrative case the SEC has brought against Steve Cohen of SAC Capital. With Teresa Goody, former SEC official.
A failure to supervise was not the charge Wall Street expected to be brought against SAC Capital's Steve Cohen, reports CNBC's Kate Kelly. It was expected Cohen would be charged with securities fraud. With Jacob Frenkel, Schulman Rogers.
SEC takes administrative action against SAC Capital's Steve Cohen. CNBC's Kayla Tausche has the latest details. Andrew Ross Sorkin weighs in.
The SEC announced it is charging SAC Capital founder Steven Cohen for failing to supervise 2 senior employees, and failing to prevent hem from insider trading, reports CNBC's Jackie DeAngelis. Richard Holwell, Holwell Shuster & Goldberg partner, and Former GM vice chairman Bob Lutz, provide perspective.
Dissecting the day's major business news, with the "Fast Money" traders; and the SEC has charged hedge fund founder Steven Cohen of SAC Capital with civil charges for failing to supervise 2 employees. Michael Bowe, Kasowitz Benson Torres & Friedman, offers insight.
Preet Bharara spoke about "armchair lawyers" in regards to the SAC Capital case. Looking at the SEC's civil charges against hedge fund founder Steven Cohen, with Bradley Bondi, Cadwalader Partner; Marc Lopresti, Tagliaferro & Lopresti LLP; Ed Butowsky, Chapwood Investments; Anthony Scaramucci, SkyBridge Capital; and CNBC's Kayla Tausche.
Discussing the civil charges against hedge fund founder Steven Cohen by the SEC, with Thomas Ajamie, Ajamie LLP, and CNBC's Kayla Tausche.
CNBC Contributor Ron Insana offers insight on the civil charges against hedge fund founder Steven Cohen by the SEC. Former SEC Chairman Harvey Pitt describes what the outcome for his firm SAC Capital may be. Kayla Tausche, weighs in.