US billionaire Steven Cohen to answer case over insider trading

After a long investigation into insider trading at the hedge fund SAC Capital Advisors, an inquiry that has produced several guilty pleas and a record US$616 million civil penalty, the US government has brought a case for the first time against the fund's billionaire owner, Steven Cohen.

via Business feed http://www.scmp.com/news/world/article/1287148/us-billionaire-steven-cohen-answer-case-over-insider-trading