If SAC Loses in Court, Who Pays?

A federal money laundering suit could cost Steve Cohen his fortune, but lawyers say investors are probably safe.

When federal prosecutors filed insider trading charges against Steve Cohen’s SAC Capital Advisors last week, they also filed a civil suit that might allow the government to go after all of SAC’s capital. That could include Cohen’s art collection and the rest of his personal fortune.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related