Charlie Gasparino Reporting Citadel Has Been Subpoenaed In Insider Trading Probe

Fox Business Network (FBN) Senior Correspondent Charlie Gasparino reports that Citadel got a “wide ranging subpoena” from the Federal Government and FOX Business Network has learned “two other hedge funds received subpoenas” as well. Excerpts from the report are below, courtesy of Fox Business Network. On news that hedge fund Citadel is being investigated by the Federal Government: “They got a subpoena. It's the same subpoena that sources tell FOX Business Network that Steve Cohen over at SAC Capital got. It's a wide ranging subpoena and it dates back to 2008 asking for information on certain stocks. From what I understand, it's not just healthcare stocks, which has been a primary focus.” On other hedge funds that have received subpoenas: “FOX Business Network has learned two other hedge funds have received subpoenas. We have put calls into Millennium Capital Management and Maverick Capital Management and we are waiting to hear back to them.”