Investigators Eye Cohen's Trades In Insider Case

May 6 2011 | 1:06am ET

For years, SAC Capital Advisors founder Steven Cohen has been the rumored target of federal insider-trading probes. Now, with the guilty pleas of two of his former traders, those investigators may be closer than ever to one of the most celebrated hedge fund managers in history.

Prosecutors are looking into trades made by the $3 billion portfolio at SAC personally overseen by Cohen.


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