SAC Capital settlement approved but will prosecutors next try to nab hedge fund founder Steven Cohen?

Steven Cohen may be able to avoid any criminal charges – as an insider trading case against his hedge fund ended Thursday with the approval of a $1.8 billion settlement package.

There is mounting speculation that with the apparent closing of the insider trading case against SAC Capital, the hedge fund’s founder Steven Cohen may escape criminal charges.

On April 10, U.S. District Court Judge Laura Taylor Swain accepted SAC Capital’s guilty plea quickly, and proceeded more cautiously on a $1.8 billion settlement – in a Manhattan courtroom.

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Ed Silverstein

Ed Silverstein is a veteran writer and editor for magazines, websites and newspapers. A graduate of Harvard's Kennedy School of Government, he has won several...

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