May 21 2013 | 2:00pm ET
Prosecutors are mulling allegations that SAC Capital Advisors is a criminal enterprise under the Racketeer Influenced and Corrupt Organizations Act. Such a move could buy them time: They face a statute-of-limitations deadline to file securities fraud charges against SAC or founder Steven Cohen in July related to the most serious potential accusations against the firm, stemming from its 2008 trading in two pharmaceutical stocks.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…