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>> SAC CAPITAL ADVISORS Latest News

NOV 09, 2013 - Pittsburgh Post-Gazette

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SAC Capital pleads guilty in N.Y. in $1.8 billion deal

NEW YORK -- SAC Capital Advisors pleaded guilty to criminal fraud charges Friday, satisfying a deal with the government that requires the Connecticut-based hedge fund to pay a record $1.8 billion to settle charges that it allowed, if not encouraged, insider trading to occur for more than a decade.

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