Former Federal Prosecutor Burns on SAC Insider Case
Nov. 21 (Bloomberg) -- Douglas Burns, a former federal prosecutor, talks about the U.S. government insider-trading charges against Mathew Martoma, a former health-care portfolio manager at a unit of Steven A. Cohen’s SAC Capital Advisors. U.S. prosecutors allege that Martoma traded on inside tips about clinical trials of an Alzheimer’s drug and netted the firm as much as $276 million.
Burns speaks with Pimm Fox and Stephanie Ruhle on Bloomberg Television's "Market Makers." Bloomberg’s Katherine Burton also speaks. (Source: Bloomberg)