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SAC Capital, US to announce $1.2 billion settlement

NEW YORK (Reuters)—SAC Capital Advisors, Steven A. Cohen's multibillion-dollar hedge fund, and U.S. prosecutors are expected to announce on Monday [Nov. 4] a $1.2 billion settlement over criminal charges related to insider trading, media reports said.

Hedgeworld (subscription) · November 5, 2013 at 12:00am

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SAC Capital, US to announce $1.2 billion settlement
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