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SAC Trader Faints In Court While Waiting For Verdict

Julia La Roche   

SAC Trader Faints In Court While Waiting For Verdict
IndiaLaw Order1 min read

This happened in federal court today for the insider trading trial for Michael Steinberg. [via @KateKellyCNBC]

Steinberg, who worked at Sigma Capital, has been charged with using non-public information to trade in shares of tech stocks Dell and Nvidia.

Former SAC portfolio manager Matthew Martoma, who is awaiting trial, fainted on his front lawn when the FBI showed up at his home saying they had evidence against him.

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