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SAC owes $549 million for Elan insider trades /

SAC Capital Advisors LP, the hedge fund company founded by Steven A. Cohen, owes Elan Corp. shareholders at least $549 million as a result of alleged insider trades in the drugmaker's stock, shareholders claimed in a lawsuit. Bloomberg Businessweek's Sheelah Kolhatkar speaks with Deirdre B...

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Bibliographic Details
Corporate Author: Bloomberg News (Firm) (Producer)
Other Authors: Bolton, Deirdre (Speaker)
Format: Video
Language:English
Language Notes:In English.
Published: New York : Bloomberg, 2013.
Series:Business and education in video
Subjects:
Insider trading in securities.
Investments.
Pharmaceutical industry.
Investments
Drug Industry
Opérations d'initié (Valeurs mobilières)
Investissements.
Industrie pharmaceutique.
Television news programs.
Téléjournaux.
Online Access:Connect to this streaming video (Alexander Street Press)
Description
Summary:SAC Capital Advisors LP, the hedge fund company founded by Steven A. Cohen, owes Elan Corp. shareholders at least $549 million as a result of alleged insider trades in the drugmaker's stock, shareholders claimed in a lawsuit. Bloomberg Businessweek's Sheelah Kolhatkar speaks with Deirdre Bolton on Bloomberg Television's 'Money Moves.'
Item Description:Title from resource description page (viewed Apr. 28, 2014).
Physical Description:1 online resource (4 min.).
Playing Time:00:03:42