SAC Agrees to Plead Guilty to End U.S. Insider-Trading Case

Preet Bharara, U.S. attorney for the Southern District of New York, announces a plea agreement with SAC Capital Advisors LP in New York, U.S., on Monday, Nov. 4, 2013. Billionaire Steven A. Cohen's SAC Capital Advisors LP, the hedge fund accused of fostering a culture of rampant insider trading, has agreed to plead guilty to securities fraud and wire fraud, pay a record $1.8 billion and shutter its investment advisory business. Photographer: Peter Foley/Bloomberg via Getty Images
Preet Bharara, U.S. attorney for the Southern District of New York, announces a plea agreement with SAC Capital Advisors LP in New York, U.S., on Monday, Nov. 4, 2013. Billionaire Steven A. Cohen's SAC Capital Advisors LP, the hedge fund accused of fostering a culture of rampant insider trading, has agreed to plead guilty to securities fraud and wire fraud, pay a record $1.8 billion and shutter its investment advisory business. Photographer: Peter Foley/Bloomberg via Getty Images
SAC Agrees to Plead Guilty to End U.S. Insider-Trading Case
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186888533
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4. November 2013
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SAC CAPITAL