{"id":35617,"date":"2013-05-20T11:06:58","date_gmt":"2013-05-20T15:06:58","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=35617"},"modified":"2013-05-29T08:56:27","modified_gmt":"2013-05-29T12:56:27","slug":"hedge-fund-owner-gets-subpoena-to-testify","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2013\/hedge-fund-owner-gets-subpoena-to-testify.html","title":{"rendered":"Cohen Subpoenaed to Testify In Hedge Fund Fraud Case"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/11\/Cohen-tmagSF.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-32743 alignright\" alt=\"Cohen VIA Minh Uong\/The New York Times\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/11\/Cohen-tmagSF-241x300.jpg\" width=\"169\" height=\"210\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/11\/Cohen-tmagSF-241x300.jpg 241w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/11\/Cohen-tmagSF.jpg 382w\" sizes=\"auto, (max-width: 169px) 100vw, 169px\" \/><\/a>New York (HedgeCo.Net) \u00a0&#8211; Hedge fund billionaire Steven A. Cohen has been subpoenaed \u00a0to testify before a grand jury in an SEC insider trading investigation into his hedge fund,\u00a0SAC Capital Advisors.<\/p>\n<p>Private-equity giant Blackstone Group, the hedge fund&#8217;s largest outside investor, has made preparation to withdraw $200 million to $300 million from SAC,\u00a0<i>The Wall Street Journal<\/i>\u00a0reported. Blackstone had about $550 million invested in SAC as of March, the paper said.<\/p>\n<p>SAC last week sent a letter to investors saying \u00a0its cooperation with the government probe is \u201cno longer unconditional.\u201d\u00a0nine current or former employees have been implicated in a long-running probe into insider trading.<\/p>\n<p>Alex Akesson<br \/>\nFor\u00a0<a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.Net<\/a>\u00a0is a premier\u00a0<a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a>\u00a0and community for qualified and accredited investors only. Membership in\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) \u00a0&#8211; Hedge fund billionaire Steven A. Cohen has been subpoenaed \u00a0to testify before a grand jury in an SEC insider trading investigation into his hedge fund,\u00a0SAC Capital Advisors. Private-equity giant Blackstone Group, the hedge fund&#8217;s largest outside [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-35617","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=35617"}],"version-history":[{"count":9,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35617\/revisions"}],"predecessor-version":[{"id":35819,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35617\/revisions\/35819"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=35617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=35617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=35617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}