Steven Cohen

Higher Education
9:03 am
Fri July 26, 2013

Brown Trustee Implicated in SEC Charges

University officials are not saying whether they will keep Steven Cohen as a member of the Brown Corporation, after the company he founded, SAC Capital Advisors, was charged with widespread insider trading.

Cohen himself is not named in the federal indictment, but the Securities and Exchange Commission has filed civil charges against him, accusing him of mismanaging the company.

SAC Capital denies the accusations, saying Cohen acted appropriately at all times.

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