Federal Judge Would Be Happy To Read About How Much You Hate SAC Deal In The Newspaper

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"Stop emailing me!” That’s the message Judge Richard J. Sullivan wants to send to critics of the $1.8 billion deal Steve Cohen’s SAC Capital Advisors cut with the feds to settle insider-trading charges. Sullivan approved the $900 million civil money-laundering slice of the settlement on Wednesday during a 45-minute conference with a gaggle of lawyers for SAC and prosecutors in Manhattan US Attorney Preet Bharara’s office. Sullivan noted that he had received an email Tuesday from someone lambasting the agreement as a “sweetheart deal” for Cohen’s hedge fund that would create a “loss of trust in our system.” The judge, while acknowledging the SAC matter is a “high-profile case people will be watching,” politely asked that others not email him. The proper place for such opinions, he said, is a letter to the editor or an op-ed piece in a newspaper. [NYP]

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