SAC Capital Advisors

In another sign of the government's intense focus on illicit trading on Wall Street, the FBI early Friday arrested a longtime SAC Capital Advisors portfolio manager on insider-trading charges.  Federal agents took Michael Steinberg into custody at his...

NEW YORK — Preet Bharara, the man dubbed the new sheriff of Wall Street, notched another arrest in the government's vast insider trading probe. This time the top federal prosecutor in Manhattan nabbed a top portfolio manager at one of America's...

U.S. prosecutors on Friday charged Michael Steinberg, a veteran portfolio manager with Steven A. Cohen's $15 billion hedge fund, with engaging in insider trading in two technology stocks, the most senior SAC Capital Advisors employee to be charged in...

Has billionaire hedge fund manager Steven Cohen purchased Picasso's "Le Rêve" from billionaire hotel and casino magnate Steve Wynn? A story in the New York Post this week reports that Cohen has bought the coveted painting for $155 million. If true,...

Insider-trading probe: In the March 16 Business section, an article about a Securities and Exchange Commission settlement with two affiliates of hedge fund SAC Capital Advisors mischaracterized a previous deal between the regulator and financier Michael...

Hedge fund titan Steven A. Cohen's firm, long the focus of a federal investigation into insider trading, is paying more than $600 million to U.S. securities regulators to settle allegations arising from improper trading in two stocks. The settlement with...

In some ways, 2012 was a carryover year from news of 2011, as the governor continued his aggressive economic development spending, United Technologies Corp. consummated a deal it announced in 2011, and the year's nastiest labor strike grew out of a 2011...

Were you suspicious? Were you not just a tad nervous about hedge-fund billionaire Steven Cohen buying the Dodgers? There were certainly reasons to be, even after local extravagantly rich guy Patrick Soon-Shiong joined the Cohen bid. Some were...

Ray Dalio of Bridgewater Associates took home $3.9 billion last year. Fellow investment kings Carl Icahn and James Simons each made off with more than $2 billion. To the average plebeian, that’s a lot of money. But for the top 25 hedge fund earners...