Tuesday, November 5, 2013

Reuters: Money News: U.S. judge won't rubber-stamp SAC insider trade decision

Reuters: Money News
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U.S. judge won't rubber-stamp SAC insider trade decision
Nov 5th 2013, 23:29

NEW YORK (Reuters) - A Manhattan federal judge signaled on Tuesday that he will not rubber-stamp a central component of billionaire Steven A. Cohen's SAC Capital Advisors LP's record $1.2 billion insider trading settlement with the government, saying he needs more information about the accord's fairness.


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