NEW YORK, April 10 A federal judge agreed to
accept SAC Capital Advisors' guilty plea to fraud charges in the
government's insider trading case against the hedge fund firm
controlled by billionaire Steven A. Cohen.
U.S. District Judge Laura Taylor Swain said she will accept
the plea at a Thursday hearing in Manhattan federal court.
She is also reviewing other issues at the hearing, including
whether to accept SAC Capital's agreement to pay a $900 million
Cohen renamed his firm on Monday, and it is now known as
Point72 Asset Management.
(Reporting by Nate Raymond in New York)