SEC Disputes Rajaratnam Appeal Of $93M Fine In 2nd Circ.
By Cara Salvatore ( February 9, 2015, 1:33 PM EST) -- The U.S. Securities and Exchange Commission is urging New York's federal appeals court to uphold a blockbuster $92.8 million fine against former Galleon Group LLC trading superstar Raj Rajaratnam, saying that a punishment three times the amount he benefited from an alleged insider trading scheme for which he was convicted is fair....
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