US Works In Final Wiretap As Rajaratnam Trial Ends

Law360, New York (April 18, 2011, 5:48 PM EDT) -- Prosecutors played a final wiretap recording on Monday as the insider trading trial of Raj Rajaratnam in New York came to an end, trying to rebut defense allegations about the Galleon Group LLC founder's stock activity.

Jurors in Manhattan federal court heard the now-familiar voices of the hedge fund chief and former New Castle Funds LLC analyst Danielle Chiesi discussing Advanced Micro Devices Inc.'s multibillion-dollar cash infusion from an Abu Dhabi sovereign wealth fund.

The secretly recorded phone call, placed Sept. 30, 2008, came a week...
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