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Galleon Group

Raj Rajaratnam's Brother Found Not Guilty Of Insider Trading

Reuters | Posted 07.08.2014 | Business

NEW YORK, July 8 (Reuters) - Rengan Rajaratnam, the younger brother of convicted Galleon Group founder Raj Rajaratnam, was cleared on Tuesday of consp...

This Is What A Rap Song Commissioned By Criminal Traders Sounds Like

The Huffington Post | Mark Gongloff | Posted 02.14.2014 | Business

Are you mad at your ears and want to punish them with something horrible? I've got just the thing. It's a rap song, written and performed by a form...

Raj Rajaratnam To Pay $1.5 Million

Reuters | Posted 12.28.2012 | Business

(Reuters) - U.S. hedge fund manager Raj Rajaratnam has agreed to pay disgorgement of about $1.5 million in a civil lawsuit filed by the Securities and...

FBI Arrests Research Firm Exec For Insider Trading

Reuters | Posted 08.26.2012 | Business

(Corrects to show in first two paragraphs Nguyen worked at research firm, not expert network firm) By Basil Katz NEW YO...

D.M. Levine

Jury Convicts Ex-Goldman Director Of Insider Trading

HuffingtonPost.com | D.M. Levine | Posted 06.15.2012 | Business

NEW YORK -- Jurors in a Manhattan federal court Friday found former Goldman Sachs board member Rajat Gupta guilty of conspiracy and securities fraud, ...

D.M. Levine

Insider Trading Defense Questions Goldman CEO's Credibility

HuffingtonPost.com | D.M. Levine | Posted 06.13.2012 | Business

NEW YORK -- Prosecutors and defense lawyers offered starkly differing profiles Wednesday of Rajat K. Gupta during closing arguments in the former Gold...

D.M. Levine

Goldman CEO Blankfein Tells Jurors Some Wall Street Secrets Spill

HuffingtonPost.com | D.M. Levine | Posted 06.08.2012 | Business

One question at the heart of the Rajat K. Gupta insider trading trial is whether information the former Goldman Sachs board member allegedly disclosed...

D.M. Levine

Goldman CEO Blankfein Testifies Gupta Had 'Market Moving' Secrets

HuffingtonPost.com | D.M. Levine | Posted 06.07.2012 | Business

Goldman Sachs CEO Lloyd Blankfein told jurors at the insider trading trial of former Goldman director Rajat K. Gupta on Thursday that Gupta attended m...

Witness: Gupta Could Have Profited From Rajaratnam Link

Reuters | Posted 08.06.2012 | Business

* Ex-Galleon portfolio manager testifies for prosecution * Rajaratnam and Gupta disagreed over fund option -witness * Fo...

D.M. Levine

Goldman Sachs Looms As Rajat Gupta Fraud Trial Begins

HuffingtonPost.com | D.M. Levine | Posted 05.21.2012 | Business

Goldman Sachs haunts the insider trading case against one of the Wall Street bank's former directors, Rajat K. Gupta. As Gupta's federal fraud trial o...

Prosecutor: Ex-Goldman Director 'Threw Away His Duties'

Reuters | Posted 07.21.2012 | Business

* Rajat Gupta denies insider-trading charges * Current Goldman director set to testify for prosecution * Former Goldman ...

Another Goldman Name In Insider Trading Probe

The Huffington Post | D.M. Levine | Posted 04.26.2012 | Business

Another Goldman Sachs name has been connected to the investigation of insider trading at defunct hedge fund Galleon Group. Federal prosecutors and...

Why Goldman's Quitting Exec May Have A Point

ProPublica | Cora Currier | Posted 03.15.2012 | Business

An executive at Goldman Sachs left the firm today with a bang, penning a New York Times op-ed accusing the company of increasingly putting profits ahe...

Rajaratnam, Convicted Of Insider Trading, Ordered To Pay Millions In SEC Civil Suit

Posted 01.08.2012 | Business

NEW YORK (Reuters) - A federal judge ordered Raj Rajaratnam, the Galleon Group hedge fund founder sentenced to 11 years in prison for insider trad...

Rajat Gupta Expected To Face Criminal Charges In Insider Trading Case: Source

Posted 12.25.2011 | Business

Former Goldman Sachs director Rajat Gupta will surrender to the FBI on Wednesday to face criminal charges, a person familiar with the investigatio...

Former Trader Gets 10-Year Sentence For Insider Trading

Posted 11.21.2011 | Business

NEW YORK (Reuters) - A former securities trader was sentenced to 10 years in prison on Wednesday after being found guilty of insider trading as pa...

The Latest Ex-Traders Found Guilty Of Insider Fraud

Posted 08.13.2011 | Business

NEW YORK (Grant McCool) - Three former securities traders were convicted on Monday on all counts of fraud and conspiracy to commit insider tradin...

Former Rajaratnam Employee Was Almost A Juror On New Insider Case

Posted 07.18.2011 | Business

NEW YORK (Grant McCool) - In a trial of three New York securities traders on insider trading charges, several jurors told the judge on Tuesday the...

The Unbearable Brown-ness of Raj Rajaratnam

Sandip Roy | Posted 07.12.2011 | Business
Sandip Roy

Hedge fund billionaire Raj Rajaratnam's trial has shaken up Wall Street not just because of the scale of trial but also because of its color.

WATCH: Rajaratnam's Lawyer Flips Off CNBC

Posted 07.12.2011 | Business

That turned ugly fast. On Wednesday, Galleon Group hedge fund manager Raj Rajaratnam was found guilty on all 14 counts of securities fraud and cons...

Expert Networks Could Be Next Target After Insider Trading Verdict

nytimes.com | EVELYN M. RUSLI | Posted 07.12.2011 | Business

With the government securing a conviction against Raj Rajaratnam of the Galleon Group on Wednesday, federal prosecutors will shift their focus to expe...

Lila Shapiro

Rajaratnam Conviction Serves As Powerful Warning Shot On Wall Street

HuffingtonPost.com | Lila Shapiro | Posted 07.11.2011 | Business

NEW YORK -- The conviction of billionaire hedge fund manger Raj Rajaratnam on all 14 counts in a sprawling, unprecedented insider trading case will se...

Traders Betting Big On Guilty Verdict In Huge Insider Trading Case

Posted 06.29.2011 | Business

NEW YORK: Traders are betting there is a 90 percent chance that hedge fund manager Raj Rajaratnam will be found guilty of insider trading when the...

Investor Used 'Corporate Spies' To Get Insider Tips, Prosecutors Say

AP | By TOM HAYS and LARRY NEUMEISTER | Posted 06.20.2011 | Business

NEW YORK -- Extensive wiretap evidence in the biggest hedge fund insider trading case in history proves a Wall Street heavyweight routinely used a cad...

Rajaratnam's Unlikely Defender

Posted 06.12.2011 | Business

NEW YORK (Grant McCool) - Hedge fund manager Raj Rajaratnam hopes a "Superman" will be able to help him win over the jury at his insider trading t...