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More trouble for Cohen’s SAC Capital as Steinberg indicted in NY

More trouble for Cohen's SAC Capital as Steinberg indicted in NY

More trouble for Cohen's SAC Capital as Steinberg indicted in NY

(Reuters) – U.S. prosecutors on Friday charged Michael Steinberg, a veteran portfolio manager with Steven A. Cohen’s $15 billion hedge fund, with engaging in insider trading in two technology stocks, the most senior SAC Capital Advisors employee to be charged in the government’s long-running probe.n

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