Cohen’s SAC Capital Sued By Elan Investors For Nearly $1 Billion – ValueWalk Premium
SAC Capital Advisors

Cohen’s SAC Capital Sued By Elan Investors For Nearly $1 Billion

Elan Corporation, plc (ADR) (NYSE:ELN) shareholders filed a law suit seeking nearly $1 billion against SAC Capital for alleged insider trading on the Irish drug maker by the hedge-fund.

Why SAC Capital Is Sued?

According to a report in New York Post,

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