Reuters: Business News: SAC Capital pleads guilty in criminal court

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SAC Capital pleads guilty in criminal court Nov 9th 2013, 00:46 NEW YORK (Reuters) - Steven A. Cohen's SAC Capital Advisors hedge fund pleaded guilty to fraud charges Friday as part of a $1.2 billion deal to resolve a long-running insider trading investigation, but it did not completely resolve the certainty of the fates of the firm or its principals.

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