SAC Capital Legal Team Would Prefer It If Employees Kept Conversations Off The Grid

Author:
Updated:
Original:

People familiar with the firm say SAC Capital's legal team actively discourages traders and analysts from using email, instant messages and other forms of communication that can leave a paper trail. The lack of email documentation at SAC Capital is something that has frustrated litigants over the years, according to people who have been involved in lawsuits and arbitrations with the fund. [Reuters, earlier]

Related

Six Ex-SAC Capital Employees Return To The Nest

The nest has a new name, but Papa Bear remains the same.