Nov. 23 (Bloomberg) -- Mathew Martoma got off to a slow start in the hedge-fund world.
A former student at Harvard Law School, he co-wrote papers on medical ethics before seeking a business degree at Stanford University and joining a little-known Boston hedge fund. Former colleagues say he was nondescript, and other hedge-fund managers never heard of him.
Yet in 2006, at age 32, Martoma made it to SAC Capital Advisors LP and gained the attention of the firm’s billionaire owner Steven A.
SAC Capital's billionaire owner Steve Cohn has been implicated in the $275 million insider trading case that hit Wall Street this afternoon, the WSJ reports. Here's how the scheme (allegedly) worked. Mathew Martoma, hedge fund manag... Read Post
Florida hedge fund manager manager Mathew Martoma has been arrested in what people are describing as the most lucrative insider trading charge in history. Martoma allegedly made $276 million trading on two pharmaceutical stocks, Ela... Read Post
Nov. 26 (Bloomberg) -- Former SAC Capital Advisors LP portfolio manager Mathew Martoma, charged in what prosecutors called the biggest-ever insider trading case, appeared in federal court in New York. Martoma, 38, is accused of usin... Read Post