Former SAC Capital portfolio manager Steinberg arrested: FBI

Michael Steinberg, a former portfolio manager at SAC Capital Advisors, was arrested by the Federal Bureau of Investigation at his residence in New York City early Friday morning in connection with an insider trading investigation, a FBI spokesman said.

http://www.foxbusiness.com/news/2013/03/29/former-sac-capital-portfolio-manager-steinberg-arrested-fbi/