Wednesday, May 15, 2013

Feds WTo Reveal Names Of Alleged SAC/ Martoma Co-Conspirators




From finalternatives: Prosecutors will reveal the identities of former SAC Capital Advisors portfolio manager Mathew Martoma's alleged co-conspirators by the end of July.  The government said it would disclose the names to Martoma's lawyers by July 31—and would give the defense at least 30 days before Martoma's trial begins the names of any alleged co-conspirators it uncovers by then.

Martoma is accused of earning SAC some $276 million trading on confidential information about Alzheimer's drug trials. To date, the only co-conspirator identified has been Sidney Gilman, the medical professor who admitted to providing Martoma with the tips about the trials….

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