Hedge fund billionaire Raj Rajaratnam has been found guilty of 14 counts of securities fraud and conspiracy by a federal jury in Manhattan, writes The American Lawyer.The verdict against the founder of the Galleon Group was delivered yesterday (11 May) after six days of deliberations that followed a nine-week trial on insider trading charges
May 12, 2011 at 06:07 AM
1 minute read
The original version of this story was published on Legalweek
Hedge fund billionaire Raj Rajaratnam has been found guilty of 14 counts of securities fraud and conspiracy by a federal jury in Manhattan, writes The American Lawyer.
The verdict against the founder of the Galleon Group was delivered yesterday (11 May) after six days of deliberations that followed a nine-week trial on insider trading charges, according to The New York Times.
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