Skip to content
Subscriber Only

Cohen’s SAC by the Numbers: Guilty Plea Ends U.S. Criminal Case

SAC Capital Advisors LP, the hedge-fund firm led by billionaire Steven Cohen, has agreed to plead guilty to a federal indictment and pay $1.8 billion as part of a multiyear investigation into insider trading.

Cohen, who hasn’t been charged, faces an administrative action filed by the U.S. Securities and Exchange Commission for his alleged failure to supervise the hedge fund’s activities. Here are some facts about SAC Capital, which has been barred from investing client money as part of today’s settlement.