April 13, 2011
The chief executive of a celebrated New York educational organization testified on behalf of accused insider trader Raj Rajaratnam on Wednesday, calling the Galleon Group LLC founder "a very generous person."
April 12, 2011
Defense lawyers for Raj Rajaratnam on Tuesday sought to show jurors that the Galleon Group LLC founder was clued in to news about stocks such as ATI Technologies and eBay Inc. by exhaustive research, not inside tips.
April 11, 2011
A former lawyer for Galleon Group LLC founder Raj Rajaratnam told jurors in New York on Monday that a federal government cooperator had denied knowing about insider trading at the hedge fund, casting a shadow on the key witness' testimony.
April 08, 2011
Lawyers for accused insider trader Raj Rajaratnam revealed in New York on Friday the names of four witnesses they want to put on the stand when the defense begins its case next week, but declined to specify whether the Galleon Group LLC founder would testify.
April 04, 2011
Calling herself and Raj Rajaratnam "warriors," former New Castle Partners LLC analyst Danielle Chiesi swapped tips with the Galleon Group LLC chief and solicited advice on concealing her own insider trading, according to tapes played to jurors in New York on Monday.
April 01, 2011
Prosecutors in the insider trading trial of Galleon Group LLC founder Raj Rajaratnam in New York asked the judge Thursday to block the testimony of a finance professor, saying he would only repeat arguments already made by the defense.
March 31, 2011
A lawyer for Raj Rajaratnam on Thursday accused a former Galleon Group LLC portfolio manager testifying for the federal government in an insider trading trial of "playing it coy" and lying to the hedge fund chief's defense team in past discussions.
March 30, 2011
Raj Rajaratnam told an associate he was warned of Goldman Sachs Group Inc.'s quarterly loss by "somebody who's on the board," an alleged reference to Rajat Gupta, according to a tape played Wednesday in the Galleon Group LLC founder's insider trading trial in New York.
March 28, 2011
Prosecutors in New York on Monday prepared to put former Galleon Group LLC trader Adam Smith on the stand in Raj Rajaratnam's insider trading trial, battling with defense lawyers over phone recordings that may be played to jurors in cross-examination.
March 21, 2011
Former Intel Corp. executive Rajiv Goel shared confidential details with Raj Rajaratnam about a $3.5 billion joint venture involving Sprint Nextel Corp. and Clearwire Corp., according to tapes played Monday in Rajaratnam's insider trading trial.