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Fox Business Network's Senior Correspondent, Charlie Gasparino, was just on FBN reporting that the subpoena that was served to Citadel this week may “not necessarily [be] specifically directed to healthcare stocks.”
Mr. Gasparino said, “It's not necessarily specifically directed to healthcare stocks. A lot of people say this is an investigation that is focused specially on Steven Cohen in a major way. I wonder if that's true. From what I understand these subpoenas are broad and going out to diverse players.”
He also noted that Citadel is mum on the whole thing and has not yet addressed its employees on the matter.
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Posted In: Hedge FundsMovers & ShakersInsider TradesCharlie GasparinoFox Business NetworkSAC CapitalSteve Cohen
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