Statement Of Manhattan U.S. Attorney Preet Bharara On The Guilty Plea Of The SAC Capital Companies

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Statement Of Manhattan U.S. Attorney Preet Bharara On The Guilty Plea Of The SAC Capital Companies

The following press release was published by the U.S. Department of Justice, Office of the United States Attorneys on Nov. 8, 2013. It is reproduced in full below.

“Subject to the Court’s acceptance, today four SAC Capital companies pled guilty to serious federal crimes that undermined the integrity of our securities markets. Financial institutions should know that they are not automatically immune from prosecution, and we will hold companies, as well as individuals, accountable wherever appropriate."

Source: U.S. Department of Justice, Office of the United States Attorneys

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