Frist stock sale draws federal scrutiny
Prosecutors from the Southern District of New York contacted Frist's office "to inquire about the sale," spokesman Bob Stevenson said Friday. He did not say when the office was contacted, but said neither the senator nor his office had received a subpoena.
Frist's office previously confirmed the SEC was looking into the sale.
"As with the SEC, the majority leader will provide the U.S. attorney's office with any information that it needs with respect to this matter," Stevenson said.
The company said Friday that federal prosecutors for the Southern District of New York had issued a subpoena for documents HCA believes are related to the sale of its stock by the senator.
The SEC also contacted HCA on Friday to informally request copies of the subpoenaed documents, HCA spokesman Jeff Prescott said. "We of course will comply with that request," he said.
Frist traded using only public information, and only to eliminate the appearance of a conflict of interest, Stevenson said.