SAC Execs Get Subpoenas

PROBE

Updated Apr. 21, 2017 10:37AM EDT / Published May 24, 2013 11:02AM EDT

The federal government is showing no signs of letting up on its investigation of the hedge fund SAC Capital. Run by controversial trader Steven Cohen, SAC recently entered an expensive settlement with the Securities and Exchange Commission to settle insider-trading charges. But investigations into the firm’s practices are continuing, and prosecutors have issued subpoenas to four top executives at SAC, including its president, chief compliance officer, and chief operating officer.

Read it at The New York Times

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SAC Execs Get Subpoenas