Fire Up The Super Duper Weenie Truck: Steve Cohen's Got A Party To Plan

It's the happiest of holidays up in Stamford, CT.
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There are still a few more i's to dot and t's to cross before the Big Guy can send out save the dates, but he's no doubt feeling celebratory already and the purveyor of his favorite hot dogs books up months in advance, so best to book it now.

The Securities and Exchange Commission said it pared back its case against Steven A. Cohen and disclosed settlement talks with him, a reversal that reflects a major shift in the legal landscape since the government declared victory in its long pursuit of the hedge-fund billionaire’s firm. After a 2½-year pause, the SEC said it would amend its civil case against Mr. Cohen, in what is likely the last attempt to hold him liable in connection with allegations of insider trading at the firm he founded, SAC Capital Advisors LP.

SEC to Retrench Case Against SAC’s Steven A. Cohen [WSJ]

Related: Steve Cohen's Still Got It

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