SAC Capital’s Massive Insider Trading Penalty Linked To Wyeth, Elan Trades Not An Admission Of Guilt, Much To Nobody’s Surprise

hurley11-150x150International Business Times
Cornelius Hurley, School of Law, Center for Finance, Law & Policy

By neither admitting nor denying any wrongdoing, the company agreed to pay the fine…

Expert quote:

“It just doesn’t compute. I think an explanation is deserved from the SEC as to why there is this apparent discrepancy.”

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