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SAC lawyers met prosecutors to argue against charges read story By Emily Flitter and Matthew Goldstein NEW YORK (Reuters) - Steven A. Cohen's lawyers made their best case argument a month ago to federal prosecutors about why the hedge fund billionaire and his SAC Capital Advisors should not be charged with criminal wrongdoing in a long-running insider trading investigation. But people familiar with the late April meeting said the lengthy presentation did not ...
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Prosecutors' subpoena of SAC's Cohen puzzles defense lawyers read story By Matthew Goldstein NEW YORK (Reuters) - The decision by prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is leaving many criminal defense lawyers scratching their heads. In the past week, federal authorities have issued grand jury subpoenas seeking testimony from Cohen and others at SAC Capital, The ... |
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New York man held captive for month rescued by police read story By Jonathan Allen NEW YORK (Reuters) - Police rescued a businessman from a New York City warehouse where he had been held captive for a month by kidnappers who demanded a $3 million ransom from his family in Ecuador, authorities said. Police posing as building inspectors found Pedro Portugal, 52, in the warehouse with his hands bound in cloth and duct tape and with a woolen cap pulled down over ... |
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SAC lawyers met with prosecutors to argue against charges - sources read story By Emily Flitter and Matthew Goldstein NEW YORK (Reuters) - Lawyers for SAC Capital Advisors called a meeting with U.S. prosecutors and FBI agents in April to argue that there should be no insider trading charges filed against the $15 billion hedge fund or its founder, Steven A. Cohen, according to sources familiar with the matter. Lawyers for the firm made an "aggressive presentation ... |
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Prosecutors consider using racketeering law against SAC: source read story By Emily Flitter NEW YORK (Reuters) - Prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Prosecutors may use the Racketeer Influenced and Corrupt Organizations Act, most commonly associated with prosecutions against the mafia, to move against ... |
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Why Urban Dictionary Comes In Handy On The Witness Stand read story The use of slang in court proceedings can be tricky, especially in criminal cases where an uncommon slang term used by a witness can make a difference in a case. New York Times tech reporter Leslie Kaufman and law professor Greg Lastowka talk about how judges and lawyers have turned to sites like Urban Dictionary to help define slang terms and the legal implications of the trend. |
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US prosecutors' subpoena of SAC's Cohen puzzles defense lawyers read story The decision by U.S. prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is leaving many criminal defense lawyers ... |
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U.S. brings charges in first criminal case for consumer agency read story By Nate Raymond NEW YORK (Reuters) - Federal authorities announced fraud charges against a debt settlement company on Tuesday, in the first criminal case based on work by the new Consumer Financial Protection Bureau. A newly unsealed indictment filed in District Court in Manhattan charged Mission Settlement Agency and four individuals with mail and wire fraud over a scheme that prosecutors said ... |
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Lawyer for bomber's widow says client cooperating read story New York criminal defense lawyer Joshua Dratel has represented several terrorism suspects. |
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Policy, discretion guide media sources probes read story It was a rare moment in relations between the media and the government: In 2008, FBI Director Robert Mueller called the top editors at The New York Times and The Washington Post to apologize because the ... |
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