Fund manager on $5 million bail
New Yorker accused of fraud; travel restricted to 4 states
Posted: November 27, 2012 at 3:05 a.m.
Mathew Martoma (center), former SAC Capital Advisors hedge fund portfolio manager, enters Manhattan federal court Monday with his attorney Charles Stillman.
A former hedge fund portfolio manager accused of enabling a quarter of a billion dollars in profits by passing along inside information in one of the largest insider trading fraud cases in history appeared in a Manhattan court for the first time Monday and was released on $5 million bail, though his movements were restricted.
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Business, Pages 21 on 11/27/2012
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