SEC Said to Consider Claims Against Cohen After SAC Wells Notice

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.

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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