SAC Capital's Cohen gets subpoena to testify - NY Times

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Steven A. Cohen has received a subpoena to testify before a grand jury in a U.S. government insider trading investigation into his hedge fund SAC Capital Advisors, the New York Times reported, citing lawyers and executives briefed on the case.

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Other SAC executives also received similar subpoenas and the fund itself has received requests for information about its activities, the lawyers and executives told the New York Times.

 

Jonathan Gasthalter, a spokesman for SAC, declined to comment to the New York Times about the subpoenas.

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