SAC Says Settlement Doesn't Mean 'Everything Is Cleared Up'

Mar 18 2013 | 4:02pm ET

Despite an insider-trading settlement that will cost it more than $600 million, SAC Capital Advisors is not yet in the clear.

The $15 billion hedge fund's president warned investors that investigations into the firm were continuing, while also assuring them that it was confident that neither it nor firm founder Steven Cohen had done anything wrong.


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