Ex-SAC portfolio manager to face trial after refusal to testify against founder

Mathew Martoma was seen as one of the few who could definitively link Steven Cohen to insider trading

SAC Capitol Advisors may have settled for $1.8 billion total with the federal government in what the government says is the largest insider trading case in U.S. history, but the criminal case against SAC’s leaders is seeing a few more bumps as prosecutors try to find a direct link between founder Steven Cohen and insider trading.

Ex-SAC portfolio manager Mathew Martoma has refused to testify against Cohen and will now face his own trial in the government’s probe. Prosecutors saw Martoma as one of the few who could provide a definitive link between Cohen and the crimes in question.

Assistant Editor

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Zach Warren

Zach Warren is Assistant Editor of InsideCounsel magazine, where he oversees online content submissions and administers InsideCounsel's enewsletters. Zach specializes in new media and multimedia...

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