Home » SAC, Founder Face Investor Suit Over Insider Trading Scandal
SAC, Founder Face Investor Suit Over Insider Trading Scandal
A putative class of Elan shareholders has sued Steven A. Cohen and his hedge fund SAC Capital Advisors over an alleged $276 million insider trading scheme involving shares of the drug giant’s stock, marking the first private suit to emerge from the tipping scandal.
Law360
Law360
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