BY JENNY STRASBURG AND MICHAEL ROTHFELD
Federal prosecutors are preparing to announce criminal charges as early as this week against SAC Capital Advisors LP, the hedge-fund giant that has been the target of a multiyear investigation into alleged insider trading, according to people familiar with the matter.
The planned charges against SAC would mark the culmination of a yearslong probe into suspected securities fraud at one of the biggest, most successful hedge-fund firms in the country.
The action is anticipated barring any last-minute pact with SAC or other reversal of government strategy, according to people familiar with the matter.
There are no signs of settlement talks …
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