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Insider Trading Charges At SAC Capital Tops The Week's News In Greenwich

Billionaire Steven A. Cohen of Greenwich operates Stamford-based SAC Capitol, a hedge fund.
Billionaire Steven A. Cohen of Greenwich operates Stamford-based SAC Capitol, a hedge fund. Photo Credit: File

GREENWICH, Conn. -- Insider trading charges being lodged against Greenwich billionaire Steven A. Cohen's hedge fund and the move of a financial firm from White Plains topped the news in Greenwich this week.

Here is a selection of the big news in town:

Insider trading charges were unsealed Thursday against four companies that are part of the Stamford-based SAC Capital, a hedge fund operated by beleagured billionaire Steven A. Cohen of Greenwich.

FSC CT Inc. will relocate its Fifth Street’s operations to Greenwich, moving about 50 jobs from its current location in White Plains, N.Y. It plans to add at least 46 more jobs over the coming decade. The state of Connecticut awarded $5 million in loans and grants to FSC CT for the move.

The teen killed when his car struck a stone wall on Riversville Road was identified as 19-year-old Vincent Scorese , a Greenwich High graduate who played goalie on the school's hockey team.

A man spotted climbing the side of a house on Partridge Lane in an attempt to gain access to a second floor room was arrested on burglary charges.

Second quarter reports from Fairfield County real estate brokers indicate a strengthening housing market with increases in sales volume, median price and new deposits.

A jackknifed tractor-trailer at Exit 5 in Greenwich on southbound I-95 snarled rush-hour traffic Tuesday morning.

NBC Sports officially opened its International Broadcast Center in Stamford after a $100 million renovation of a former Clairol factory.

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