Sidney Gilman

Latest Sidney Gilman Items
  • Mathew Martoma, a former SAC Capital portfolio manager, arrives at federal court, Thursday, Feb. 6, 2014 in New York. The former SAC Capital Advisors portfolio manager was convicted Thursday of helping his company earn more than a quarter billion dollars illegally through trades based on secrets about the testing of a potential breakthrough Alzheimer's drug. (AP Photo/Mark Lennihan)

    Mathew Martoma convicted of insider trading on Alzheimer's drug info

    The former SAC Capital Advisors portfolio manager was convicted Thursday of helping his company earn more than a quarter billion dollars illegally through trades based on secrets about the testing of a potential breakthrough Alzheimer's drug.


  • Prosecutor: Evidence proves ex-trader's guilt

    An "avalanche of evidence" points to the guilt of a former SAC Capital Advisors hedge fund portfolio manager charged with using inside information to earn his company over a quarter of a billion dollars, a prosecutor told a jury Monday.


  • Alzheimer's expert to NY jury: 'I was so ashamed'

    An Alzheimer's expert testified Tuesday that he was too ashamed to be truthful when the FBI confronted him with claims he fed inside information to a hedge fund manager whose company owned pharmaceutical stocks.


  • Doctor testifies he lost job after tipping trader

    A former top Alzheimer's researcher told a Manhattan jury Friday that he had to quit teaching at the University of Michigan, because he shared secrets about a drug trial with a hedge fund trader who won him over with some sandwiches and perceptive questions about science and medicine.


  • Insider trading trial of ex-SAC trader opens in NY

    NEW YORK (AP) — A former SAC Capital Advisors portfolio manager got inside information about an Alzheimer's drug trial and made a pivotal phone call to his billionaire boss a day before the hedge fund began dumping more than $700 million in pharmaceutical stocks, a prosecutor told a jury Friday in opening statements at the trader's criminal trial.


  • NY feds claim most lucrative insider trading case

    A former hedge fund portfolio manager was arrested Tuesday on charges that he helped carry out the most lucrative insider trading scheme in U. S. history, enabling investment advisers and their hedge funds to make more than $276 million in illegal profits.


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