The case against SAC Capital and Michael Steinberg was bolstered with the testimony of former analyst Ron Dennis as an uncharged co-conspirator.
Steven A. Cohen
Breaking News
Billionaire Steven A. Cohen's hedge fund firm posted a 1.5% even if it was under US investigation and on the verge of market selloff.
Speculations had it that SAC Capital Advisors LP will reduce the numbers of its staff but the firm's president denied said speculations through an e-mail sent out to workers.
Steven A. Cohen is at the brink of cutting down a number of his staff after more investors are expected to pull out their money.
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