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SEC Said to Consider Claims Against Cohen After SAC Wells Notice

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SEC Said to Consider Claims Against Cohen After SAC Wells Notice
Steven Cohen, founder of SAC Capital Advisors LP. Photographer: Scott Eells/Bloomberg

Nov. 28 (Bloomberg) -- U.S. Securities and Exchange Commission investigators are considering fraud and control-person claims against Steven Cohen, the billionaire founder of SAC Capital Advisors LP, after signaling they intended to pursue related sanctions against his firm, a person familiar with the matter said.

Jonathan Gasthalter, a spokesman for SAC, declined to comment.

Link to Company News:{615068Z US <Equity> CN <GO>}

To contact the reporter on this story: Joshua Gallu in Washington at jgallu@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net

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