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>> SAC CAPITAL ADVISORS Latest News

MAY 24, 2013 - Washington Business Journal

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Prosecutors subpoena four more SAC Capital execs -- charges coming soon?

Four more SAC Capital Advisors executives, in addition to founder Steven Cohen, have received subpoenas related to an insider-trading grand jury investigation, according to a report by the Wall Street Journal. In recent weeks, prosecutors have apparently ramped up their efforts to build a case since the statute of limitations will prevent them from bringing charges after July of this year. This round of subpoenas, issued last week the Journal said, were given to SAC president Thomas Conheeney, chief…

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