{"id":32726,"date":"2012-11-28T09:03:44","date_gmt":"2012-11-28T14:03:44","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=32726"},"modified":"2012-11-28T09:03:44","modified_gmt":"2012-11-28T14:03:44","slug":"sac-capital-to-try-to-reassure-investors","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2012\/sac-capital-to-try-to-reassure-investors.html","title":{"rendered":"SAC Capital to Try to Reassure Investors"},"content":{"rendered":"<p>DealBook &#8211; SAC Capital Advisors, the hedge fund giant hit with a new insider trading charge last week, plans to hold a conference call on Wednesday morning to reassure investors and allay concerns related to the latest case.<\/p>\n<p>Federal prosecutors have accused Mathew Martoma, a former SAC portfolio manager, with corrupting a doctor who provided him with confidential data on a drug trial. The secret information, authorities say, allowed SAC to earn millions and avoid losses totaling $276 million. For the first time in the government\u2019s years of investigating SAC over improper trading, the charges link Steven A. Cohen, the fund\u2019s owner, to questionable trades.<\/p>\n<p><a href=\"http:\/\/dealbook.nytimes.com\/2012\/11\/27\/sac-to-hold-client-call-amid-insider-trading-case\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DealBook &#8211; SAC Capital Advisors, the hedge fund giant hit with a new insider trading charge last week, plans to hold a conference call on Wednesday morning to reassure investors and allay concerns related to the latest case. Federal prosecutors [&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-32726","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32726","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=32726"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32726\/revisions"}],"predecessor-version":[{"id":32727,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32726\/revisions\/32727"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=32726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=32726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=32726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}