Martoma’s Wife Seeks to Block U.S. Seizure of Home, Money

The wife of insider-trader Mathew Martoma sought to block the government from seizing her share of the couple’s assets, including their Florida home and bank accounts, after his conviction in the most lucrative scheme in U.S. history (United States v. Martoma, S.D.N.Y., 1:12-cr-00973-PGG, 9/4/14).

Martoma, a former SAC Capital Advisors LP portfolio manager, was sentenced last month to nine years in prison and ordered to forfeit $9.4 million, including the family’s Boca Raton home and more than $4 million held in three accounts 12 CARE 1117, 9/12/14.

Rosemary Martoma Oct. 15 asked a judge in Manhattan federal ...