Fifth Executive at SAC Capital Receives Subpoena

New SAC Subpoena
Steven Cohen, chairman and chief executive officer of SAC Capital Advisors LP, center, at a Gala even in New York Photograph by Amanda Gordon/Bloomberg

Another executive at SAC Capital Advisors has been subpoenaed to testify before a grand jury as part of the government’s investigation of insider trading at the Stamford (Conn.) hedge fund firm. The executive, the fifth SAC employee to receive a subpoena in the case, is portfolio manager Anthony Vaccarino, according to a person familiar with the matter, who asked not to be identified because the information is private. Vaccarino joins SAC President Tom Conheeney, Chief Operating Officer Solomon Kumin, Compliance head Steve Kessler, head of trading Phillipp Villhauer, and SAC founder Steven Cohen, who have all received grand jury subpoenas, the person says.

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