Ex-SAC Analyst Accuses Basically Everyone He Ever Worked With Of Insider Trading.
January 8, 2013 - 6:33pm
By DealbreakerWesley Wang, a former analyst for SAC Capital Advisors LP’s Sigma Capital unit, gave federal agents the names of about 20 people he said had traded on illegal inside information, some of whom are uncharged targets of the government’s investigation, U.S. prosecutors said…From November 2008 until January 2009, the FBI tapped Wang’s phones, the prosecutors said. He later agreed to cooperate with the government’s insider-trading investigation, making recorded phone calls and meetings to gather incriminating evidence on people with whom he had exchanged inside information, according to the letter. “Wang’s Continue reading this article »