SAC Capital Advisors

Ex-SAC Trader Martoma Floored Doctor With His Knowledge

A doctor testifying in the insider trading trial of former Ex-SAC trader Martoma said that he was flabbergasted that the trader appeared to already know results from a drug trial.

Joel Ross, a New Jersey doctor, told jurors in federal court that Martoma quoted ‘exact numbers’ to him during a 2008 meeting.
Martoma accused of using insider information
Martoma, a former manager at SAC’s Intrinsic unit, is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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