Alleged Raj-Linked Insider Trader Wants Evidence Nixed

Law360, New York (July 9, 2012, 5:48 PM EDT) -- Doug Whitman, a hedge fund manager who was allegedly involved in insider trading with a Raj Rajaratnam associate, asked a federal judge Friday to stop the government from presenting evidence of tipping he hasn't been charged with.

It would be inappropriate and confusing to let a jury hear about his involvement in inside trading not brought up in his indictment, Whitman's lawyers said in a motion filed with U.S. District Judge Jed S. Rakoff.

“The only purpose the evidence could serve is to suggest Mr. Whitman...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.