SAC Pleads Not Guilty To Insider Trading

Jul 26 2013 | 11:38am ET

SAC Capital Advisors pleaded not guilty to criminal insider-trading charges this morning as it seeks to do what no other major financial firm has ever done: survive an indictment.

SAC was indicted yesterday, accused of an unprecedented insider-trading scheme that lasted more than a decade and produced "hundreds of millions of dollars" in illicit profits trading on at least 20 different companies.


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