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Ex-SAC Analyst Gets Two Years’ Probation in Insider Case

Wesley Wang, a former analyst for SAC Capital Advisors LP’s Sigma Capital unit who cooperated with the government’s investigation of insider trading, was sentenced to two years’ probation.

Wang recorded phone calls and wore a body wire, incriminating about 20 people in insider trading, some of whom haven’t yet been charged, prosecutors said. U.S. District Judge Jed Rakoff, citing Wang’s cooperation, today sentenced him to probation, instead of as many as 37 months in prison called for in federal sentencing guidelines.