SAC Capital pleads not guilty to insider-trading charges Ted Wells, a lawyer representing SAC Capital, said he was "most concerned" with obtaining statements that former SAC Capital employees gave to the government. Wells, who said he has had discussions with prosecutors, told the judge the defence was entitled to the evidence as it prepares its case. Ms Apps said it was not clear that the statements would have to be turned over to SAC lawyers. Mr Wells did not name anyone, but several former employees, including Noah Freeman, Jon Horvath, Donald Longueuil and Wesley Wang, have already pleaded guilty to charges of criminal insider trading. No criminal charges have been brought against Mr Cohen and his lawyers have maintained that he has not acted illegally. Thursday's indictment alleged that SAC's illegal practices ran roughly from 1999 to 2010. SAC and various affiliates were charged with four criminal counts of securities fraud and one count of wire fraud. In a statement on Thursday, SAC said it had "never encouraged, promoted or tolerated insider trading and takes its compliance and management obligations seriously." The court will reconvene on September 24 to discuss evidence. Prosecutors have also filed a civil case seeking forfeitures and money laundering penalties. The charges came a week after the US Securities and Exchange Commission charged Mr Cohen in a civil case with failing to supervise two employees, Mathew Martoma and Michael Steinberg. Both men have pleaded not guilty to criminal insider trading charges and face trials in November.