SAC Redemption Deadline Passes As Rumor Mill Churns

Aug 19 2013 | 1:12pm ET

Dark clouds continue to hover around SAC Capital Advisors days after its most recent redemption date.

Investors had until Friday to file their third-quarter withdrawal notices. SAC has not released any numbers, but it is thought that clients who had not previously filed notices did so, leaving SAC with little or no outside capital after redemptions are paid out at the end of the year.


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