SAC Capital News
A.M. Best Says Deal May Resolve S.A.C. Re Reputational Risks
A.M. Best Co. commented Tuesday that the "A-minus" financial strength rating of and issuer credit rating of "a-" of S.A.C. Re, Ltd. are unchanged and the ratings remain under review with negative ...
Duperreault Partnering with Hedge Fund to Buy Cohen’s S.A.C. Re, Ltd
Steven A. Cohen, the billionaire founder of SAC Capital Advisors LP, agreed to sell a reinsurer he formed in 2012 after the hedge fund firm reached a $1.8 billion deal to end a criminal ...
SAC Capital Civil Suit Should Be Delayed, U.S. Says
A civil forfeiture lawsuit against SAC Capital Advisors LP should be put on hold while prosecutors continue their criminal case against the hedge fund over alleged insider trading, the U.S. told a ...
Questions Arise Over SAC Reinsurance Unit As Hedge Fund Pleads Not Guilty
Billionaire investor Steven A. Cohen's hedge fund pleaded not guilty on Friday to insider trading charges in federal court, as questions also surfaced about the future of SAC Capital's Bermuda-based ...SAC Gives Investors More Time To Pull Money Out
Hedge fund titan Steven A. Cohen is giving investors more time to withdraw their money from SAC Capital Advisor's funds, as his $15-billion firm faces continued federal scrutiny in an insider trading ...