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USA v. Rajaratnam

  1. July 08, 2014

    Jurors Say US Fixated On Raj During Kid Brother's Trial

    Some jurors in the insider trading trial of Rengan Rajaratnam said after acquitting the former Galleon Group LLC manager Tuesday that prosecutors offered flimsy evidence and focused too heavily on the defendant's older brother, convicted Galleon founder Raj Rajaratnam.

  2. July 08, 2014

    Raj Brother Cleared In 1st Insider Trading Loss For Bharara

    A New York federal jury on Tuesday acquitted former Galleon Group LLC manager Rengan Rajaratnam of insider trading conspiracy, ending Manhattan U.S. Attorney Preet Bharara's perfect record in stock-tipping cases.

  3. July 07, 2014

    Feds Push For Raj Brother Conviction As Bharara Looks On

    With Manhattan U.S. Attorney Preet Bharara in attendance, New York federal prosecutors on Monday made their final appeal to jurors in the trial of former Galleon Group LLC manager Rengan Rajaratnam, seeking to preserve Bharara’s perfect record in insider trading cases.

  4. July 03, 2014

    Raj Brother Flew Home To Clear His Name, Witnesses Say

    A New York federal judge on Thursday precluded federal prosecutors from rebutting witness testimony that former Galleon Group LLC portfolio manager Rengan Rajaratnam returned from Brazil to America immediately upon his 2013 insider trading indictment, which was offered as exculpatory evidence near his trial's conclusion.

  5. July 02, 2014

    Judge Won't Toss Final Charge In Raj Brother Trial

    A New York federal judge on Wednesday refused to dismiss the last remaining count in the government's insider trading prosecution of Rengan Rajaratnam, one day after tossing two fraud charges against the former Galleon Group LLC portfolio manager.

  6. July 01, 2014

    Raj Brother Cleared On 2 Charges In Insider Trading Case

    A New York federal judge on Tuesday dismissed two of three counts in the insider trading case of Rengan Rajaratnam, the younger brother of Galleon Group LLC founder Raj Rajaratnam, striking a major blow to prosecutors in the midst of trial.

  7. June 27, 2014

    Raj Tipper Says He Didn't Tell Brother Of Personal Gain

    A former technology industry consultant who passed inside information to Galleon Group LLC founder Raj Rajaratnam testified on Friday that he never told Raj's younger brother he received a personal benefit in exchange for a tip, aiding the brother's trial defense.

  8. June 26, 2014

    Informant Tells Raj Brother Jurors He Crossed 'Gray Line'

    A former technology industry consultant testified in New York federal court Thursday that he crossed a "gray line" by passing inside information to Galleon Group LLC founder Raj Rajaratnam, as the government sought to convince a jury that Raj then tipped off his younger brother Rengan.

  9. June 25, 2014

    Judge Scolds US Atty Over Witness Testimony In Raj Bro Trial

    A New York federal judge on Wednesday criticized prosecutors for eliciting potentially false testimony by a key government witness in the insider trading case of Rengan Rajaratnam, the younger brother of convicted Galleon Group LLC founder Raj Rajaratnam.

  10. June 24, 2014

    Feds Unleash Wiretap Barrage In Raj Brother's Trial

    Federal prosecutors on Tuesday played eight separate wiretap recordings in the insider trading trial of Rengan Rajaratnam as they sought to prove he conspired with his older brother, Galleon Group LLC founder Raj Rajaratnam, to illegally trade the stocks of technology companies.

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