sac capital
Steve Cohen renames fund Point72 Asset Management
Steve Cohen’s SAC Capital Advisors has renamed itself Point72 Asset Management. The new name, a reference to the Stamford, Conn., firm’s address at 72 Cummings Point Road, was revealed Tuesday...
Stanford strips Martoma of MBA
This could seriously hurt his chances of getting a new job.Mathew Martoma, the ex-SAC Capital portfolio manager convicted last month of masterminding the biggest insider trading scheme in US history,...
Ex-SAC manager Martoma asks judge to toss guilty verdict
Mathew Martoma wants a do-over. The former SAC Capital portfolio manager, convicted of carrying out the most profitable insider trading scheme ever, has asked a federal judge to throw out...
New eyes at SAC Capital after guilty plea to insider trading
Steve Cohen, the multibillionaire hedge fund legend whose firm became synonymous with illegal trading, will soon have another person looking over his shoulder. SAC Capital Advisors, which has pled guilty...
Feds’ focus will now go back to Cohen: lawyer
The conviction of Mathew Martoma will likely reinvigorate the government’s probe on hedge-fund mogul Steve Cohen, a lawyer familiar with the billionaire’s fund told The Post. Martoma, a former portfolio...
New notch for Preet as Martoma is convicted of insider trading
Another one bites the dust. Former SAC Capital Advisor portfolio manager Mathew Martoma was found guilty of insider trading on Thursday — bringing US Attorney Preet Bharara’s record in his...
Latest jurors’ note could bode better for Martoma
Outside the lower Manhattan federal courthouse on Wednesday, Mother Nature dropped a wintry mix of snow, sleet and rain, making the morning commute for thousands a nightmare. Inside the majestic...
Insider case to jury as Martoma awaits fate
The future of Mathew Martoma, the former SAC Capital Advisors portfolio manager, is in the hands of a New York jury. Martoma is accused of engineering the most lucrative inside-trading...
Martoma trial moves to closing arguments
Mathew Martoma has one last chance Monday to convince a jury he’s an innocent man. If not, the 39-year old former portfolio manager for Steve Cohen’s SAC Capital Advisors Capital...
Martoma reminded me of my dead son, says doc
Mathew Martoma reminded Dr. Sidney Gilman of his oldest son — who tragically had committed suicide. In a voice barely audible throughout the courtroom, Gilman, an academic with decades of...
Gilman testifies Cohen was real FBI target
Uncle Sam was really after Steve Cohen. While FBI agents questioned Dr. Sid Gilman about his sale of illegal inside information to Mathew Martoma, the lawmen said their real target...
Doctor goes toe to toe with Martoma lawyer
The doctor was in the house on Wednesday. A feisty Dr. Sidney Gilman gave the lawyer for accused inside trader Mathew Martoma a run for his money — taking issue...
Doctor in Martoma case lied because he was embarrassed
The doctor lied because of pride. Renowned neurologist Sidney Gilman said Tuesday he lied six times to the FBI, the Securities and Exchange Commission and Manhattan prosecutors about his role...
Martoma defense prepares cross of star witness
Dr. Sidney Gilman may be disgraced, but he will be hard to discredit. The 81-year-old Alzheimer’s expert, the government’s star witness in its insider-trading case against former SAC Capital portfolio...
Doctor: Martoma feigned concern to get drug info
Accused inside-trader Mathew Martoma was like a shark sizing up its prey. Over the course of two years, the former SAC Capital Advisors portfolio manager slowly closed in on Dr....
Martoma busy talking to doctors during key meeting
Alleged inside trader Mathew Martoma was too busy chatting up “experts” on Alzheimer’s research to attend a SAC Capital compliance meeting in May 2007, his lawyer said in court Thursday....
Inside Martoma's drug trial 'tipster'
Loose lips may sink ships — but they certainly don’t sink clinics running drug trials. The New Jersey geriatrician who admitted violating confidentiality agreements with his pharmaceutical clients still runs...
Martoma may have lied to Stanford -- as well as Harvard
Former SAC portfolio manager and alleged inside trader Mathew Martoma appears to have lied not just to Harvard Law School but also to Stanford University Business School. Martoma enrolled at...
SAC losers were ‘down & out’ers
The infamous hedge fund SAC Capital Advisors, known for its punishing culture, had a name for its policy of firing money-losing portfolio managers: “Down and out.” Dan Berkowitz, the CFO...
'Inside trader' Martoma lied to Harvard
Alleged inside trader Mathew Martoma is a cheater, prosecutors said Friday. In 1999, he was expelled from Harvard Law School for forging his transcript, recently unsealed court documents show. And...