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Among those he named was Dipak Patel, a former SAC portfolio manager.
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The dismissal is good news for former SAC Capital Advisors analyst Jonathan Hollander.
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Some of that money might move to Millennium, former SAC investors have said.
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Freeman's guilty plea in February was the first by a former SAC employee.
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Another convicted former SAC portfolio manager, Mathew Martoma, is serving a nine-year term.
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Eight current or former SAC Capital employees have been convicted on insider trading charges.
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Two former SAC alums founded Stratix, which is now defunct.
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A former SAC portfolio manager, Mathew Martoma, is scheduled to face trial January 6.
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The portfolio manager's guilty plea in February was the first by a former SAC employee.
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Martoma is one of eight current or former SAC employees to be charged with insider trading.
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A key cooperating witness in the Galleon investigation is Richard Choo-Beng Lee, a former SAC Capital analyst.
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One was former SAC Capital Advisors LP analyst Noah Freeman, who pleaded guilty and testified against her.
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Earlier this year, two former SAC Capital employees pleaded guilty to insider trading while working for Cohen's firm.
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Another former SAC Capital employee, Jonathan Hollander, settled civil charges of insider trading last year with the SEC.
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Several, including the conviction of former SAC portfolio manager Michael Steinberg, were overturned because of later court rulings.
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Martoma, 39, is one of eight current or former SAC Capital employees to face criminal insider trading charges.