SEC Seeks To Beef Up Claims In Galleon Case

Law360, New York (January 20, 2010, 6:56 PM EST) -- The U.S. Securities and Exchange Commission on Wednesday asked for leave to file a second amended complaint in its case against hedge fund Galleon Group, adding new charges against Galleon founder Raj Rajaratnam and former McKinsey & Co. board member Anil Kumar.

SEC attorney Valerie Szczepanik filed a motion for leave to file in the U.S. District Court for the Southern District of New York, arguing new information had only recently come to light as a result of Kumar's guilty plea on Jan. 7 in a...
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