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Cohen’s SAC Might Be Criminally Charged By Prosecutors This Week

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Mani
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Federal prosecutors are preparing to charge as early as this week the $15 billion hedge fund run by SAC Capital Steven Cohen.

Cohen's SAC Might Be Criminally Charged By Prosecutors This Week

Though a number of individuals might face criminal charges, Steven Cohen however, will not be charged for alleged insider trading that the hedge fund has been subjected to for the past decade.

The planned charges would mark the end of a year-long probe by the prosecutors against SAC Capital.

Earlier, it was reported that the U.S....

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports