Infamous hedge fund SAC Capital is reportedly close to an agreement with prosecutors to settle insider-trading charges for more than $1 billion. Insider trading is one of the most egregious forms of securities fraud. Such a fine would be a record. Reports state that the settlement could be finalized by the end of October 2013. The Securities and Exchange Commission has stated that it would seek to bar firm owner and founder, Steven A. Cohen, from the securities industry.

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Miami Office
Grand Bay Plaza
2665 S. Bayshore Drive
Penthouse 2B
Miami, FL 33133
Telephone: 786.628.8236

Los Angeles Office
Available by Appointment
2029 Century Park East
Century Plaza Tower
Suite 400N
Los Angeles, CA 90067
Telephone: 424.544.7930

New York City Office
Available by Appointment
14 Wall St, 20th Floor
New York, NY 10005
Telephone: 917.382.5217

West Palm Beach Office
Northbridge Centre
515 N. Flagler Drive, Suite P-300
West Palm Beach, FL 33401
Telephone: 561.475.2887

Detroit Office
41000 Woodward Avenue,
Suite 350 East
Bloomfield Hills, Mi 48304
Telephone: 248.368.0182