• Sat
  • Dec 20, 2014
  • Updated: 8:20am

SAC Capital

Ex-SAC Capital portfolio manager convicted of insider trading

Mathew Martoma is the second former SAC portfolio manager to be convicted of insider trading. Photo: Reuters

A New York jury convicted a former portfolio manager for SAC Capital on Thursday of insider trading in the US government’s latest victory against the once-mighty hedge fund.

Friday, 7 February, 2014, 2:32pm