Ex-SAC Manager Martoma Charged in Record Insider Scheme

Ex-SAC Manager Martoma Charged in Record Insider Scheme

Peter Foley/Bloomberg

Preet Bharara, U.S. attorney for the Southern District of New York at the U.S. Department of Justice, second right, during a press conference on Mathew Martoma, former portfolio manager for SAC Capital Advisors LP, charged with trading on insider tips about clinical trials of bapineuzumab, a drug to treat Alzheimerís disease, on Nov. 20, 2012 in New York.