SAC Capital Advisors

Prosecutors Urge Tougher Sentence In SAC Insider Trading Case

As those responsible for the 2008 derivatives crash remain largely unaccountable for a crash that has deep market ramifications, US prosecutors are urging a federal judge to impose a stiff 6 ½ year prison sentence for insider trading in the Michael Steinberg / SAC Capital case.

In a New York federal court filing, prosecutors said Steinberg should be sentenced one additional year than the court's probation office had called appropriate.
“Get me edgy . . .

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