Article: Steven Cohen’s Hedge Fund Being Investigated For Insider Trading: Report

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Steven Cohen’s Hedge Fund Being Investigated For Insider Trading: Report

Matthew Goldstein and Svea Herbst, 18 March 2010

The question on the minds of investors, managers and lawyers inside and outside the hedge fund industry today is, who’s next?

Of course, no one knows for sure. But court documents and interviews with many industry sources familiar with the case show that agent Kang may be focusing in on Steven A. Cohen and his $12.9 billion SAC Capital Advisors, L.P.

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