Phillipp Villhauer was the head trader at SAC Capital
Advisors LP who allegedly helped the firm founded by Steven A. Cohen make $276
million on trades that led to the arrest of an ex-hedge fund manager for
insider-trading, two people familiar with the matter told Bloomberg people.
Villhauer is referred to only as the “Head Trader” in a
Securities and Exchange Commission complaint filed Nov. 20 in Manhattan federal
court against Mathew Martoma, said the people, who declined to be identified
because the matter isn’t public. He is referred to in an FBI complaint filed
that same day as the “Senior Trader.” Martoma denies wrongdoing. Villhauer
hasn’t been charged or sued.
“If this trader is
not a cooperator, he is or soon will be in the government’s crosshairs,” said
Andrew Frisch, a New York attorney and former federal prosecutor who isn’t
involved in the case…
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