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Steve Cohen Cutting Eight-Figure Checks To Make People Go Away

Be gone!
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Poker face.

Even to people who are already splitting 602 million of his dollars. Be advised, Mary Jo White.

Billionaire Steven A. Cohen's former hedge fund SAC Capital Advisors LP has agreed to pay $10 million to resolve a lawsuit by shareholders of drugmaker Wyeth, who claimed they lost money because the fund engaged in insider trading in Wyeth's stock….

"We are pleased to have resolved the Wyeth matter and are prepared to vigorously contest the remaining class action," Point72 spokesman Mark Herr said.

SAC Capital to pay $10 million in investors’ insider trading lawsuit [Reuters]



Selling Steve Cohen

“Yea, about that headline/lawsuit/etc.”