Hedge fund giant SAC Capital meets with investigators over insider trading

New York Post – Connecticut hedge fund giant SAC Capital Advisors said Monday that it met recently with congressional investigators probing potential insider trading by the $14 billion firm.

“We welcomed the opportunity to meet with the staff to educate them about the firm and our compliance efforts, and had an entirely appropriate, professional and cordial meeting,” an SAC spokesman said in a statement. “We will continue to cooperate in any way we can.”

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