"This has been an extremely difficult decision for me, " Samberg said in the letter.
Samberg, who shut down Pequot under pressure last year, was barred from the business.
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David Zilkha then communicated this information to Samberg who traded on it, says the SEC complaint.
Samberg had to shut down his shop, Pequot Capital, but he never went to jail.
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The awards will be hosted by Saturday Night Live star Andy Samberg on 31 May in Los Angeles.
During the Pequot interview process, Samberg specifically sought information from Zilkha about Microsoft.
Since 2007, single comedian hosts have reclaimed the show, including Andy Samberg, Aziz Ansari, Jason Sudeikis, and Russell Brand.
The SEC today charged Pequot Capital and Samberg with insider trading for trading on non-public information related to Microsoft.
Maureen Samberg, 61, who is also at the bowling alley, agrees with Gehler.
In New York, 125 people waited in line for two-and-a-half hours to participate, says David Samberg, a Verizon media relations manager.
Or would this be another stab at comedy or acting or maybe just a new tasteless-yet-funny video collaboration with Andy Samberg?
Samberg has had to shut down Pequot because of the insider-trading issue.
Real-life Zuckerberg also wrote that he was a big fan of Samberg.
Samberg told a Senate panel investigating the matter that the payment was to settle a civil claim related to Zilkha's employment and termination.
The probe of Samberg was rekindled in early 2009, a year after it appeared that Samberg, Pequot and others would be off the hook.
In May, Art Samberg, founder of the now shuttered Pequot Capital, settled SEC insider trading allegations that had dogged him for the previous five years.
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The ceremony was hosted by Adam Samberg at the awards' usual venue, a tent along the beach in Santa Monica just west of Los Angeles.
Mr Mack and Arthur Samberg, Pequot's founder, have repeatedly denied wrongdoing.
Host Andy Samberg, "Veep" star Julia Louis-Dreyfus and comedians Keegan-Michael Key and Jordan Peele all found plenty to work with, poking fun at the billionaire businessman and his comments.
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Mack is good personal friends with Pequot Chief Executive Arthur Samberg and served briefly as Pequot's chairman before being named chief executive of Morgan Stanley in June 2005.
Before that, Pequot was mired in another insider-trading probe, this time involving Samberg's friend John Mack, a longtime Morgan Stanley executive who is now CEO of the investment bank.
Comedian Andy Samberg, who opened Thursday's event with his familiar "Saturday Night Live" impersonation of the hoodied Facebook founder, poked fun at this idea in a brief introductory routine.
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The FBI hold on investigating the link between Zilkha and Samberg lifted in the fall of 2005 but the SEC closed the Pequot case in November 2006, citing insufficient evidence.
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Mark Zuckerberg gets dorkily portrayed by Andy Samberg.
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Art Samberg is a perfect example of that.
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Both Steinhardt and Samberg have been big philanthropists.
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The roll call of great hedge fund managers includes many names that are becoming more familiar to casual readers of mainstream newspapers and magazines: Arthur Samberg, Paul Tudor Jones, Philip Falcone, Steve Cohen, Paul Singer.
Pequot is an influential hedge fund founded by Arthur Samberg, a close friend of Morgan Stanley (nyse: MS - news - people ) Chief Executive John Mack, the Wall Street executive for whom the SEC allegedly played favorites.
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