(New York Times) One of the final cooperating witnesses in the federal government’s long-running investigation into insider trading at SAC Capital Advisors is soon to be sentenced. In a court filing on Wednesday, federal prosecutors said that the witness, Richard Choo-Beng Lee, would have been an important one if Steven A. Cohen had mounted a legal challenge to the securities fraud indictment that his former hedge fund, SAC Capital, pleaded guilty to almost two years ago….
Cooperating Witness in SAC Capital Trial to Be Sentenced
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