Article: Steven Cohen May Sell Stock in Company Whose Founder Went to Prison For Insider Trading

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Steven Cohen May Sell Stock in Company Whose Founder Went to Prison For Insider Trading

ALEXANDR OLEINIC, 17 October 2013

Steven Cohen, SAC Capital, Insider Trading: According to an update from Reuters Business on Twitter, Steven Cohen‘s hedge fund SAC Capital would like to sell its position in the privately-owned company Kadmon Pharmaceuticals. As the outlet points out, “Kadmon was founded by Sam Waksal, who served a five year prison term for insider stock trading.” Continue reading “Article: Steven Cohen May Sell Stock in Company Whose Founder Went to Prison For Insider Trading”

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