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Major Investment Firms Subpoenaed in Insider Trading Case

HeadlineNov 24, 2010

The Wall Street Journal reports the U.S. Attorney’s office in Manhattan has subpoenaed several major investment firms as part of a widespread insider trading investigation. Firms subpoenaed include hedge fund giants SAC Capital Advisors and Citadel, the big mutual fund company Janus Capital Group, and Wellington Management, one of the nation’s biggest institutional investment firms.

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