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Wednesday, May 22, 2013

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Ex-SAC manager Martoma pleads not guilty to insider trading

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  • Mathew Martoma, center, former SAC Capital Advisors hedge fund portfolio manager exits Manhattan federal court with his wife Rosemary, right, Thursday, Jan. 3, 2013, in New York. Authorities say Martoma persuaded a medical professor to leak secret data from an Alzheimer's disease drug trial. Investigators say it helped him earn more than a quarter-billion dollars in illegal profits. (AP Photo/Louis Lanzano) Photo: Louis Lanzano, Associated Press / Associated Press
    Mathew Martoma, center, former SAC Capital Advisors hedge fund portfolio manager exits Manhattan federal court with his wife Rosemary, right, Thursday, Jan. 3, 2013, in New York. Authorities say Martoma persuaded a medical professor to leak secret data from an Alzheimer's disease drug trial. Investigators say it helped him earn more than a quarter-billion dollars in illegal profits. (AP Photo/Louis Lanzano) Photo: Louis Lanzano, Associated Press

 

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© 2013 Hearst Communications Inc.Hearst Connecticut Media Group, a division of Hearst Newspapers