SAC Agrees to Plead Guilty to End U.S. Insider-Trading Case
November 04, 2013 at 13:00 PM EST
Steven Cohen's SAC Capital Advisors has agreed to plead guilty to all five counts of insider trading, including securities and wire fraud. The firm will pay $1.8 billion," the largest financial penalty in history for insider trading offenses," according to Assistant U.S. Attorneys Antonia Apps and Arlo Devlin. SAC Capital Advisors,
