Rajaratnam Banks On Wiretaps To Stay Free Amid Appeal

Law360, New York (November 28, 2011, 5:25 PM EST) -- Galleon Group LLC founder Raj Rajaratnam, sentenced to 11 years in prison for making $64 million through illegal insider trading, sought Monday to use the government’s wiretap request in the case to support his bid to remain free pending appeal.

In a letter sent to Second Circuit court clerk Catherine O’Hagan Wolfe ahead of a Nov. 30 oral argument on the matter, Rajaratnam’s lawyers said the inclusion of the government’s March 7, 2008, application to intercept wire communications and a supporting affidavit “will facilitate the panel’s...
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