Galleon's Far Dodges Prison After Aiding FBI Probe

Law360, New York (February 11, 2013, 9:50 PM EST) -- Ali Far, a hedge fund manager who admitted to insider trading and then cooperated in an investigation against Galleon Group LLC, was sentenced Monday to one year's probation.

U.S. District Judge Robert P. Patterson Jr. also sentenced Far, 51, to 100 days of community service and ordered him to pay a $100,000 fine.

Far, who worked with Galleon founder Raj Rajaratnam before leaving to found his own hedge fund, turned cooperator after being approached in 2009 by FBI agents then secretly investigating Wall Street insider trading....
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