Judge Orders Rajaratnam To Give Wiretaps To SEC

Law360, New York (February 1, 2011, 7:51 PM EST) -- A federal judge has ordered Raj Rajaratnam to hand over wiretapped communications to the U.S. Securities and Exchange Commission in its civil insider trading case against the Galleon Group LLC co-founder.

Judge Jed Rakoff directed Rajaratnam and co-defendant Danielle Chiesi to produce the information that "they have now conceded [is] relevant" no later than Feb. 4, as well as additional communications by Feb. 11, according to his order on Monday in the U.S. District Court for the Southern District of New York.

Judge Rakoff also pushed...
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