Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

View basic rules for our forums

Exclusive: Authorities Probe Sac Capital For Weight Watchers Trading - Sources

Ron Burgundy

By Ron Burgundy,
in Tech News

 Share

Recommended Posts

Ron Burgundy Omniscient Member

Ron Burgundy

Posted
Posted

Exterior of Headquarters of SAC Capital Advisors, L.P. in Stamford(Reuters) - Authorities are investigating Steven A. Cohen's SAC Capital Advisors hedge fund for alleged insider trading in the shares of the popular diet company Weight Watchers International Inc, according to people familiar with the matter. The sources said on Friday the investigation could implicate the billionaire hedge fund manager and focuses on trading in Weight Watchers shares in the first half of 2011, when SAC Capital had taken a sizeable position in the stock. An SAC Capital spokesman said the firm was not aware of any investigation involving Weight Watchers. ...




View the full article
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing