Monday, November 4, 2013

SAC Capital Settlement Largest Ever for Insider Trading

Hedge fund SAC Capital agreed to pay a hefty $1.8 billion fine and plead guilty to criminal fraud charges. It's the first major Wall Street firm to admit criminal conduct since the late 1980s, evidence of a tougher stance by the Justice Department and SEC. Anthony Mason reports. Ranked 4.00 / 5 | 0 views | 0

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