to link the rampant illegal trading at sbc capital they're still trying to get steve cohen and mathew martoma former employer. he has not been charged with any wrongdoing but the firm was found guilty we will have much more on this developing story. charlie gasparino just sat down and will speak with us in a second. twitter. dropping 22% write-down week told to about the slowing user growth as it cannot with its numbers but today the stock is punished brutally about down to percentage is only increased with its losses now we head to nicole petallides at new york stock exchange. >> right to own. a tough day today and $51 and change a law was point was $50 even receive the down 20 percent all day long. it is a huge move the biggest one day move to the downside. the high we have seen is the all-time record highest with the concern of the latest numbers pertaining to user growth. we heard the average to a vendor 41 monthly user's up 3.8% and i should say just up it was actually the lowest growth since the company began disclosing the figures. he expects his confidence in the company expresses con

they did it after mathew martoma talked to a key witness in this case, dr. gilman. who knew about the clinical trials on the two drugs were negative. he talked to martoma. martoma turned around and talked to cohen and they started selling. the question is why didn't we such an open-and-shut case of incredible evidence, not do what the feds asked him to do multiple, multiple times. that is provide evidence about what steve cohen did or didn't do? now people would say, two-ways of looking at it. people would say, maybe he just didn't have the evidence, so he didn't give it up and chose to fight. that's possible. that means steve cohen didn't do anything wrong either. there is other plausibility. , there is another plausible explanation people believe and i know the feds believe it, that mathew martoma was somewhat delusional. i talked to a prosecutor on the case. why didn't he cooperate? even tell you anything? he really didn't cooperate at all? he likened it to a case he did about early in his career where he had to protect, he had a drug dealer and the drug dealer di

mathew martoma allegedly got insider trading from dr.ney gilman who was doing studies. >> and sold all the stock. liz: they made a lot of money. you are up one of a few people the depots steve cohen on a separate unrelated case that have you seen him? is talked-about in the courtroom? >> he said when the fbi came to him, the sand and the see that, when the government close, ultimately the guy making these calls, the person making the decision based on this information. i think it is correct to say he was the head of the farm and wasn't removed from this, he was in the middle of this. >> if mathew martoma is found not guilty is a setback for the government in that steve cohen is the ultimate target and a lot of people are concerned but they can't get a guilty verdict on mathew martoma they are done with steve cohen. isn't that accurate? >> it is a huge setback. i can't speak that it is done but it would be a huge setback. >> what are the chances of a guilty? >> guilty? i think the overwhelming percentage is guilty. you never know with a j

mathew martoma-- a former portfolio manager at sac capital advisors has been found guilty. he was accused of using confidential information on an experimental alzheimer's drug. sac made a $275 million profit in the trade. martoma could face up to 10 years in prison. he plans to appeal. federal authorities continue to investigatie other allegations of insider trading the hedge fund. the founder stephen cohen has not been charged. hedge funds are getting burned on green mountain's deal with coca-cola. green mountain stock surged thursday after coke disclosed taking a 10 percent stake in the company to develop an in-home beverage system. funds such as green light capitol shorted the stock betting it would go down instead--the stock rallied from $80 wednesday to $102 thursday. ...and some hedge funds taking major stakes in commercial real estate...such as malls, resorts and hotels counting on an increasing values. the firms are also plan to lend more than $1 trillion to borrowers who can't get loans from banks. real estate investors are taking advantage of low mortgage rates. r

mathew martoma -- >> he had the option of a plea argan. -- he had the option of a plea bargain. ked his harvard law school application. why wouldn't he say i know i am going to get 20 years, cut it down to 3 and i will give you against cohen. maybe cohen is not guilty? i if i am the prosecutor and am saying i will put this man on the stand and then the defense aboutey says let's talk your local transcript. you do not have the most credible witness. >> cohen has not been accused of criminal charges, but sac has pleaded guilty to criminal charges for negligent supervision. of tippingaccused off mr. martoma -- >> and who got community -- and who got immunity. was only a grain of sand, they are after a man named steven a. cohen. >> he is basically quoting federal investigators. >> is that a surprise? >> you think they will get him? >> i think if they had the case they would have brought the case. i would say no. >> is in insider trading supposed to be really difficult to prove? it seems toso easy, revolve around these expert networks. is that the linchpin here, what has made it so e

portfolio manager mathew martoma was found guilty earlier this month of insider trading and is seeking acquittal or a new trial. he was convicted for his role in illegal trades claiming jury bias and failure of prosecutors to prove he committed a crime. mattel is acquiring mega brands for $460 million. world's largest cornmaker will expand construction and building block oyster that a complete with lego, the number two replatemaker in global sales and a national association of realtors say pending sales of existing homes edged up in january by 0.1%, lower than the estimated 2% increase. sales rose in the northeast and the south offset by declines in the midwest and west. that is the latest from the fox business network giving you the power to prosper. adam: march will come in like a lion. huge weekend winter storm the entire length of the country with rain, snow, the totals, wind chill factors, let's live to the fox weather center, we haven't had enough, the line might be came to what we're seeing across a lot of the country. it is this right here, the precipitation part of it, the sto

mathew martoma was charged with conducting illegal trades based on inside information about the development of an alzheimer's drug, netting $276 million in profits and averted losses for the firm. he is the eighth current or former employee of sac capital to be convicted on insider-trading charges. he could face up to 20 years in prison. the senate judiciary committee has approved attorney debo adegbile to lead the civil rights division of the department of justice. he previously served in top posts with the naacp legal defense fund and, along with other attorneys there, represented prisoner mumia abu jamal, a move some republicans unsuccessfully used to try to discredit him. here in new york city, activists gathered outside of new york's fashion week on thursday to demand better wages and conditions for garment workers in bangladesh. the demonstrators called for us brands whose clothing was made in the rana plaza factory complex to compensate relatives of the more than 1,100 workers who died when it collapsed last april. michelle flores of 99 pickets spoke at the event. >> fashion week her

>> mathew martoma when he had the 20-minute phone call with steve cohen and reverse ad billion dollar position shared insider information with him. >> i have no idea. >> you have no idea. >> how would i know? i live in dallas. i wasn't on the phone. >> you don't have newspapers in dallas. >> sometimes you have to watch when reporters report. >> that is -- melissa: all with same brush. the implication you don't believe there was insider trading? >> no, he is found guilty. guess what? he is guilty. don't color the whole firm -- >> guy he shared information with. >> don't color the whole firm as firm that does insider trading. >> why not? >> prove it. prove it. >> they're out of business. >> no the firm -- >> of course there is whole another story here. >> has the firm been indicted. >> of course the firm was indicted. >> so they pled guilty. >> so the whole firm is colored. melissa: if they pled guilty seems like they are guilty. >> so much more to this story. >> firm pled guilty to insider trading. they're out of business. what are you talking about? >> 40 million doll 40 billion they

>> mathew martoma, he hired him. michael steinberg. he hired him.out to dinner with one of the greatest stand-up guys, same sam. you know what the government wanted him to do? >> right. >> wanted him to flip. >> he is a criminal. >> excuse me. >> sam waksal is a criminal. spent eight years in jail. >> flipped -- >> martha stewart. >> martha stewart. right? so they wanted him and told him, this -- >> but he is a criminal. >> charlie, they told him wouldn't have to do day one in jail if he admitted she knew about it. you know what she said? she didn't know about it and i'm not going to lie. >> he is a criminal. >> oh. >> take him out of it. why do you think steve cohen had this sort of, this thing where he hired so many criminals? >> he didn't hire criminals. >> they are. they are all going to jail. >> excuse me. i havehundred guys that work for me. if they commit a crime, i'm a criminal? please, charlie. >> there is a lot of guys -- supposedly you had five guys were criminals. how many people were criminal in -- >> you know his son, the united states