Ex-SAC Manager Martoma Changing Lawyers in Insider Case
This article is for subscribers only.
Mathew Martoma, the former SAC Capital Advisors LP portfolio manager charged in what prosecutors call the biggest insider-trading scheme in history, will get a new set of lawyers to defend him.
Martoma, 38, who is accused of conspiracy and securities fraud by using inside information about a clinical drug trial to make $276 million for SAC, asked a judge to let the firm Goodwin Procter LLP represent him, Martoma’s former lead attorney, Charles Stillman of Stillman & Friedman, said in an e-mail.