March 17, 2011
Accused insider trader Raj Rajaratnam knew details about Aegis BPO's 2008 acquisition of fellow outsourcing firm PeopleSupport Inc. days before the deal was made public, according to a tape played Thursday in the Galleon Group LLC founder's New York trial.
March 16, 2011
A lawyer for Raj Rajaratnam continued to attack a government witness' credibility in the Galleon Group LLC founder's insider trading trial Wednesday in New York, arguing the witness' alleged illegal tips about eBay Inc. were less informative than news articles.
March 15, 2011
Raj Rajaratnam heard straight from a Goldman Sachs Group Inc. director about the bank mulling major financial sector acquisitions in 2008, according to a phone recording played Tuesday for New York jurors in the Galleon Group LLC chief's insider trading trial.
March 14, 2011
In the insider trading trial of Raj Rajaratnam in New York on Monday, prosecutors played wiretap recordings in which a McKinsey & Co. consultant allegedly shared tips with the Galleon Group LLC chief about technology company deals.