Steven A. Cohen, billionaire and former hedge fund SAC Capital Advisors CEO agreed to a $135 million class-action settlement . The total legal costs tied to SAC insider-trading cases is $2 billion.The $135 million will be paid to investors in Elan Corp., now a part of PerrigoCo. In 2013, SAC agreed to plead guilty to criminal-insider trading charges, and paid $1.8 billion in penalties.
Mr. Cohen manages his multibillion-dollar family fortune at Point72 Asset Management.
Jeffrey Newman represents whistleblowers