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DealBook: SAC Capital Manager Arrested in Insider Trading Case

Federal agents have arrested Michael Steinberg, a senior SAC Capital Advisors portfolio manager, the most senior employee at the giant hedge fund ensnared in the government’s vast insider trading investigation.

 

Movie director indicted on counts related to Pellicano case

A Hollywood film director who pleaded guilty three years ago to lying to the FBI in connection with the Anthony Pellicano investigation, then withdrew his plea, was indicted Friday by a federal grand jury in Los Angeles. John McTiernan is charged with perjury and making false statements to federal agents.

 

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