SAC Capital indicted by federal grand jury - report

A federal grand jury indicted Steven A. Cohen's hedge fund SAC Capital Advisors on Thursday, Bloomberg News reported.

The indictment comes days after the U.S. Securities and Exchange Commission filed civil charges against Cohen himself.

SAC was hit with four criminal charges, but Cohen himself does not face any charges of criminal wrongdoing, the report said.

This story is developing. Please check back for further updates.

image: © Lisamarie Babik

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