Rajaratnam Had Inside Details On Aegis Deal: Tapes

Law360, New York (March 17, 2011, 7:14 PM EDT) -- Accused insider trader Raj Rajaratnam knew details about Aegis BPO's 2008 acquisition of fellow outsourcing firm PeopleSupport Inc. days before the deal was made public, according to a tape played Thursday in the Galleon Group LLC founder's New York trial.

Prosecutors played a recording in the U.S. District Court for the Southern District of New York from a July 30, 2008, wiretapped phone conversation between Rajaratnam and an associate who worked at Intel Corp., Rajiv Goel, in which Rajaratnam gave the precise price announced five days...
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