Michael Erman: Steven A. Cohen

Steven A. Cohen: NEW YORK - The decision by federal prosecutors to bring criminal charges against hedge fund SAC Capital Advisors LP, rather than its billionaire owner, Steven A. Cohen, makes it more likely that the government will be able to secure a guilty verdict, lawyers say, according to Reuters. A corporation is liable for the criminal misdeeds of its employees if they are acting within the actual or apparent scope of their employment and if the intent of their actions - even in part - is to benefit the corporation, said Solomon Wisenberg, co-chair of the white collar crime defense practice group at law firm Barnes Thornburg and By Michael Erman and Emily Flitter Attorneys who are following the case said they believe prosecutors have met the standard for convicting a corporation under federal law. (www.immigrantscanada.com). As reported in the news.