Ex-Galleon Employee Takes Stand At Hedge Fund Chief's Trial

Law360, New York (August 6, 2012, 9:45 PM EDT) -- Ex-Galleon Group LLC employee Roomy Khan testified Monday that she gave confidential corporate information to hedge fund founder Doug Whitman, her onetime neighbor, kicking off a critical phase in the trial of the accused insider trader.

Khan said Whitman, along with her old boss Raj Rajaratnam, was among a group of “buddies and friends on Wall Street” to whom she passed tips from sources inside Polycom Inc. and other companies.

Whitman, who founded California-based hedge fund Whitman Capital LLC, is accused of trading using illegal tips...
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