Search Results for: SAC Capital Advisors

By Clive Minchom On Friday, April 4th, 2014

Prosecutors Ask Federal Judge To Accept $1.8 Billion Plea Agreement With Steven Cohen’s SAC Capital Advisors

–  –   Last November Steven Cohen’s hedge fund SAC Capital Advisors reached a plea agreement with US Federal prosecutors in an insider trading case. The company had pleaded guilty to securities More...

By Clive Minchom On Friday, July 26th, 2013

United States Government Indicts SAC Capital Advisors

–  U.S. Attorney for the Southern District of New York Preet Bharara and Assistant Director-in-Charge of the New York Field Office of the FBI announce insider trading charges against SAC Capital / Getty – /By More...

By Clive Minchom On Thursday, July 25th, 2013

Is the US Justice Department About to Criminally Indict Steven Cohen’s Hedge Fund SAC Capital Advisors?

– Steven Cohen / Getty – /By Clive Minchom/ Last week, the US Securities and Exchange Commission (SEC) indicted Steven Cohen personally on administrative civil charges, claiming he failed to properly More...

By Vered Weiss On Thursday, January 29th, 2015

Goldman Sachs’ Gary Cohn Not Alone in Expecting Continued Oil Freefall

When Gary Cohn of Goldman Sachs predicted oil, which has shed 60% since June 2014, could fall to the $30 level, many were aghast as if to say in unison; we knew the oil situation was bad but not that bad. More...

By Clive Minchom On Saturday, December 21st, 2013

Sydney Kimmel’s Creation The Jones Group Agrees To Be Acquired For $1.2 Billion By Sycamore Capital

– New York Stock Exchange listed, retail clothing company, The Jones Group yesterday announced it has entered into an agreement with Sycamore Partners of New York. Under the terms of the agreement affiliates More...

By Gali Raz On Tuesday, October 8th, 2013

Lloyd Blankfein brings Bob Zoellick back on board at Goldman Sachs

– Zoellick, former president of the World Bank Group to act as chairman of the International Advisors division of the investment banking group. – Lloyd C. Blankfein / Getty – Lloyd C. Blankfein, More...

By Clive Minchom On Thursday, May 30th, 2013

SAC Capital – Worried Investors May Be Withdrawing Funds

– – / By Clive Minchom / We reported last week that that Steven Cohen, Chairman and founder of giant hedge fund SAC Capital had been issued a subpoena to attend a Grand Jury investigating charges More...

By News Brief On Monday, June 6th, 2016
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Steve Cohen tears down Hamptons manse he bought for $62.5 Million

Hedge fund billionaire Steve Cohen’s 10, 000-square-foot East Hampton mansion apparently just wasn’t to his taste. The financier, whose SAC Capital Advisors was busted for insider trading in 2013, recently More...

By Tibi Singer On Tuesday, April 7th, 2015

Billionaire Steven Cohen Selling Jean Dubuffet’s Paris Polka Valued at $25 Million

Billionaire money manager Steven A. Cohen is selling the 1961 Jean Dubuffet painting “Paris Polka” valued at $25 million, Bloomberg reported. Christie’s will auction the Dubuffet at a special evening headlined More...

By Tibi Singer On Tuesday, March 10th, 2015

Steve Cohen Hires Team of 30 to Mine Public Data for Investments

Point72 Asset Management, which replaced Steven A. Cohen‘s hedge fund SAC Capital Advisors—the one that got caught on insider trading and paid a $1.2 billion fine—has hired a team of 30 expert so far, More...

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