A former SAC Capital Advisors portfolio manager was convicted Thursday of helping his company earn more than a quarter of a billion dollars illegally through trades based on secrets about the testing of a potential breakthrough Alzheimer’s drug. A federal jury in Manhattan found Mathew Martoma, 39, guilty on all […]
Tag: Mathew Martoma
Ex-SAC Manager Martoma Pleads Not Guilty to Insider Trading
Mathew Martoma, the former SAC Capital Advisors LP portfolio manager charged in what prosecutors called the biggest insider trading scheme in history, pleaded not guilty to criminal charges. Source: Bloomberg (written by Bob Van Voris and Patrcia Hurtado)
Ex-SAC manager granted $5 million bail in trading case
A former SAC Capital portfolio manager was released on $5 million bail on Monday after making his first appearance in a New York court on charges of making illegal trades that hedge fund titan Steven A. Cohen personally signed off on. Mathew Martoma, 38, of Boca Raton, Florida, was charged […]
