Hedge Fund SAC Fined Record $1.8B for Insider Trading

Giant hedge fund SAC Capital has agreed to plead guilty to criminal charges of insider trading and pay $1.8 billion to settle them, the US Attorney's office announced Monday. It was the largest-ever insider trading fine, and will force SAC out of the investment advisory business permanently.

via Business News - Yahoo Finance http://finance.yahoo.com/news/sac-pay-1-8-bn-insider-trading-us-160338450.html