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Forbes: Billionaire Scandals of 2012

Cohen's "insider trading" probe

In early December, citing information from anonymous sources, Reuters reported that federal authorities are investigating billionaire Steven A. Cohen’s SAC Capital Advisors for “possible insider trading” in Weight Watchers International stock early in 2011. If indeed there is a probe ongoing, it would add to the government’s growing caseload from the Stamford, Conn., hedge fund, where seven current or former associates have been charged or implicated with insider trading.
(REUTERS/Steve Marcus)

More from Forbes:
Full List: Biggest Billionaire Scandals Of 2012
America's Richest Billionaires
The World's Most Powerful People



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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