U.S. District Judge Victor Marrero takes a leaf out of Judge Jed Rakoff's book and says he needs...

Mar. 29, 2013 5:54 AM ETBy: Yigal Grayeff, SA News Editor
U.S. District Judge Victor Marrero takes a leaf out of Judge Jed Rakoff's book and says he needs more time on whether to approve SAC's $602M agreement with the SEC to settle insider-trading allegations without admitting wrongdoing. "There is something counter-intuitive and incongruous," says Marrero, "in a party agreeing to settle a case for $600M...if it truly did nothing wrong."

Recommended For You

More Trending News