Hedge fund Balyasny gets U.S. subpoena

Reuters – Hedge fund Balyasny Asset Management confirmed it was subpoenaed by the U.S. federal government in a massive investigation into insider trading, a news website reported on Wednesday.

The website, Absolute Return + Alpha, quoted a letter Balyasny wrote to its investors. The Chicago-based fund did not return a telephone call made earlier on Wednesday.

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