SAC owes $549 million for Elan insider trades
Description
SAC Capital Advisors LP, the hedge fund company founded by Steven A. Cohen, owes Elan Corp. shareholders at least $549 million as a result of alleged insider trades in the drugmaker's stock, shareholders claimed in a lawsuit. Bloomberg Businessweek's Sheelah Kolhatkar speaks with Deirdre Bolton on Bloomberg Television's 'Money Moves.'
Runtime
4 min
Series
Subjects
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Date of Publication
2013
Database
Alexander Street
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