SAC Gets Final Approval For $600 Million Settlement With SECMani
A U.S. judge granted final approval to a $602 million (£355 million) insider trading accord between a unit of billionaire Steven A Cohen’s SAC Capital Advisors LP and the U.S. Securities and Exchange Commission.
This means the former SAC Capital Advisors’ insider-trading settlements can at last be considered final.
Judge’s concern last year for SAC Capital's settlement
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