The Verdict on Raj Rajaratnam
By DEALBOOKArticle Tools
Federal prosecutors in Manhattan accused Raj Rajaratnam, the chief of the Galleon Group, of being at the center of a network that traded stocks on illegal tips from 2003 to March 2009. He was found guilty of all 14 counts of securities fraud and conspiracy.
Mr. Rajaratnam, a billionaire investor who once ran one of the world’s largest hedge funds, is the most prominent figure convicted in the government’s crackdown on insider trading on Wall Street.
- Previous Article The Voices of the Galleon Trial
- Next Article Prosecutors’ Hardball Tactics Produce Big Results in Galleon Case