SAC's Martoma Found Guilty of Insider Trading
February 7, 2014
Jordan A. Thomas opines on former SAC Capital Advisors portfolio manager conviction in Alzheimer drug insider-trading scheme
Regarding whether or not Mathew Martoma will implicate his former boss and hedge fund billionaire owner Stephen Cohen, Jordan Thomas, Partner and Chair of the Whistleblower Representation Practice at Labaton Sucharow LLP says, "…if he's facing many years in jail, he could choose to cooperate. His value to the government is less because he's told one story, and telling another would be less valuable. But if he has individual corroboration of potential misconduct by SAC or Mr. Cohen, that's another matter."