Try our Advanced Search for more refined results

USA v. Rajaratnam et al

  1. June 24, 2011

    SEC Seeks $10M From Moody's Tipster In Galleon Scheme

    Securities regulators on Thursday asked a New York federal court to impose nearly $10 million in penalties on a former Moody's analyst who allegedly provided acquisition tips to a source who funneled the information to hedge funds, including Galleon Group LLC.

  2. June 13, 2011

    Feds Seek 4-Year Prison Term For Chiesi

    Federal prosecutors are seeking to put Danielle Chiesi, who pled guilty to passing inside tips to Galleon Group LLC co-founder Raj Rajaratnam and others, behind bars for up to nearly four years, according to court documents filed Monday in New York.

  3. May 25, 2011

    Rajaratnam Calls Case 'Rank Speculation,' Seeks Acquittal

    Raj Rajaratnam, the billionaire co-founder of hedge fund Galleon Group LLC, renewed his bid Wednesday in New York to shake his conviction on 14 counts of insider trading, saying the federal government's evidence against him relied on speculation.

  4. May 11, 2011

    Raj Verdict Deals A Blow To Mosaic Defense

    The jury's conviction of Galleon Group LLC founder Raj Rajaratnam for insider trading is a setback for the so-called mosaic theory, a popular defense in which traders typically allege that they formed opinions by analyzing a conglomeration of mostly public data, attorneys say.

  5. May 11, 2011

    Galleon Group Founder Guilty On All Counts

    Raj Rajaratnam, the billionaire founder of the Galleon Group LLC hedge fund, was convicted Wednesday on all 14 securities fraud and conspiracy charges he was facing over alleged insider trading.

  6. May 11, 2011

    Wiretaps Prove To Be Deadly Weapon In Galleon Case

    In successfully proving their insider trading case against Galleon Group LLC co-founder Raj Rajaratnam, prosecutors have also driven home another point: if your client is caught on tape, he's as good as guilty, experts say.

  7. May 09, 2011

    No Verdict For Rajaratnam Could Mean Split: Experts

    Jurors in the New York insider trading trial of Raj Rajaratnam completed their 10th day of deliberations on Monday without reaching a verdict, raising the possibility of a schism in the group, according to experts.

  8. May 05, 2011

    Rajaratnam Jurors Listen To Chiesi Tapes Again

    Jurors in the insider trading trial of Raj Rajaratnam had a New York court replay wiretap recordings on Thursday dealing with the Galleon Group LLC founder's alleged conspiracy with New Castle Partners LLC trader Danielle Chiesi.

  9. May 04, 2011

    US Renews Transcript Plea For Fresh Rajaratnam Jury

    Prosecutors in the New York insider trading trial of Raj Rajaratnam on Wednesday renewed a request to give jurors transcripts of wiretap recordings as they begin fresh deliberations following the dismissal of a juror for health reasons.

  10. May 02, 2011

    Juror's Health Impedes Rajaratnam Deliberations

    A federal judge in New York on Monday agreed to suspend jury deliberations for a day in the insider trading trial of Raj Rajaratnam in order to accommodate a juror's unspecified medical issues.