{"id":25555,"date":"2011-10-20T07:52:35","date_gmt":"2011-10-20T11:52:35","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=25555"},"modified":"2011-10-20T07:52:35","modified_gmt":"2011-10-20T11:52:35","slug":"sac-capital-faces-second-deal-probe","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2011\/sac-capital-faces-second-deal-probe.html","title":{"rendered":"SAC Capital Faces Second Deal Probe"},"content":{"rendered":"<p>WSJ &#8211; U.S. securities regulators are examining whether SAC Capital Advisors LP improperly profited from trades made before a health-care takeover was announced, the second such deal drawing scrutiny to the hedge fund, according to people familiar with the matter.<\/p>\n<p>The Securities and Exchange Commission is trying to determine whether SAC used inside information to profit from\u00a0Johnson &amp; Johnson&#8217;s 2009 takeover of Cougar Biotechnology Inc., the people said. The civil inquiry also encompasses whether an &#8220;expert network&#8221; business that is part of an investment bank leaked nonpublic information to traders, the people said.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052970203752604576641333884399202.html?mod=googlenews_wsj\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; U.S. securities regulators are examining whether SAC Capital Advisors LP improperly profited from trades made before a health-care takeover was announced, the second such deal drawing scrutiny to the hedge fund, according to people familiar with the matter. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-25555","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=25555"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25555\/revisions"}],"predecessor-version":[{"id":25556,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25555\/revisions\/25556"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=25555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=25555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=25555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}