SAC Capital’s InterMune Trades Said to Be Probed by SEC, FBI
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SAC Capital Advisors LP’s trading in InterMune Inc. in 2010 as well as trades in Weight Watchers International Inc. last year are being investigated by the U.S., a person familiar with the matter said.
The trades by the $14 billion fund owned by Steven A. Cohen are under scrutiny by U.S. Securities and Exchange Commission and the Federal Bureau of Investigation, said the person, who asked not to be identified because the matter wasn’t public.