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SAC Capital (Spencer Platt/Getty Images)

SAC Capital Pleads Guilty In $1.8 Billion Deal

NEW YORK (AP) _ As promised, SAC Capital Advisors has pleaded guilty to criminal fraud charges in a record $1.8 billion deal with the government. The company’s longtime general counsel Peter Nussbaum entered the plea […]

11/08/2013

SAC Capital (Spencer Platt/Getty Images)

Resolution Proposed In SAC Capital Case

A hedge fund owned by a Connecticut billionaire has agreed to plead guilty to fraud charges and to pay a $1.8 billion financial penalty, federal prosecutors said Monday.

11/04/2013

Rajat Gupta (Spencer Platt/Getty Images)

Westport Man Sentenced To 2 Years In Insider Trading Case

A former Goldman Sachs and Procter & Gamble Co. board member from Westport was sentenced to two years in prison Wednesday.

10/24/2012

Rajat Gupta (Spencer Platt/Getty Images)

Jury Selection In Insider Trading Case

A Connecticut man faces conspiracy and securities fraud charges that carry a potential for more than 100 years in prison in an insider trading trial getting underway in New York today.

05/21/2012

File photo of a calculator. (Photo by Peter Macdiarmid/Getty Images)

CT Feds Seek White Collar Criminals

Federal prosecutors in Connecticut are targeting insider trading and similar financial crimes for the first time as part of a new focus on white-collar criminals, according to the state’s U.S. attorney.

01/16/2012

Rajat Kumar Gupta (AP Photo/Keystone/Alessandro Della Bella, File)

Westport Man Indicted On Insider Trading Charges

A former board member of Goldman Sachs and Procter & Gamble surrendered Wednesday to face a six-count securities fraud indictment that makes him the latest defendant in the biggest insider trading case in history.

10/26/2011

Feds Raid 2 Connecticut Hedge Funds

WASHINGTON (AP) – A law enforcement official says the Federal Bureau of Investigation has raided two hedge funds linked to a broader insider-trading probe. The official says bureau employees searched the offices of Level Global […]

11/22/2010