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However, success attracted scrutiny. By 2013, Cohen found himself under investigation from the SEC for insider trading. Several of his employees faced charges, and it became increasingly evident that Cohen might be implicated as well. While he ultimately did not face personal criminal charges, SAC Capital was charged with failing to supervise its employees effectively, leading to a historic $1.8 billion fine.
While this scandal jeopardized his reputation and the future of SAC Capital, Cohen demonstrated an uncanny ability to rebound from adversity. Undeterred by setbacks, he shifted gears, navigating through the fallout with a new strategy that would eventually lead to the establishment of his next hedge fund, Point72 Asset Management.