According to Reuters’ star reporters those Fed hounds are still sniffing for more SAC blood. U.S. authorities are
examining trading by one of SAC Capital Advisors' most successful portfolio
managers, Gabriel Plotkin, as part of a probe into the $14 billion hedge fund
firm's investment in Weight Watchers International Inc last year, according to
a person familiar with the investigation.
Plotkin, a specialist in consumer and retail stocks who
makes investment decisions for more than $1.2 billion worth of assets, is among
several SAC portfolio managers whose trades are being investigated, said the
source, who did not want to be identified. The source would not name the other
managers.
Feds are trying to determine whether any of SAC Capital's
retail and consumer portfolio managers traded Weight Watchers shares based on
non-public confidential information about the diet company, said the source and
another person familiar with the investigation. The two sources said it is too
soon to conclude if there was any insider trading. The Feds have not charged
Plotkin with any wrongdoing….
More? Don't touch that dial, sports fans....http://www.reuters.com/article/2012/12/19/saccapital-probe-trader-idUSL1E8NIBA420121219
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