SAC Indictment Would Put Feds In Uncharted Waters
The U.S. Department of Justice is considering criminal charges against the Stamford, Conn.-based hedge fund and has issued grand jury subpoenas to Cohen and other SAC employees, The Wall Street Journal reported, citing people familiar with the case. Representatives for SAC and Manhattan U.S. Attorney Preet Bharara declined to comment.
Several current and former SAC employees...
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