Rajaratnam's attorneys claimed his research and analysis methods were legitimate. On Wednesday, Rajaratnam sat at the defense table, a rarity for trial, and stayed motionless as the verdict was read.

Rajaratnam advised Chiesi to buy 1 million shares of a tech stock on an inside tip, then sell 500,000 of those shares -- a tactic prosecutors say was used to throw regulators off the trail. In ...

MANHATTAN (CN) – A wiretap recording from September 2008 showed Raj Rajaratnam defiant in the face of the global stock market crash and, ironically, trying to dodge the telephone wiretaps that would ...

Rajaratnam was also a major contributor to the campaigns of Hillary Clinton and the single largest known U.S. contributor to a charity linked to the Tamil Tigers in Sri Lanka, according to records ...

A federal appeals court on Monday refused to disturb the insider trading conviction of Galleon Group hedge fund founder Raj Rajaratnam, one of the most prominent defendants in the U.S. government ...

MANHATTAN (CN) – Galleon hedge fund chief Raj Rajaratnam is still guilty 14 times over for masterminding a $63 million insider-trading scheme, a federal judge ruled. And every one of his 40-plus ...

Rajaratnam argued to Judge Rakoff that no civil penalty was warranted due to the punishment already doled out in the criminal case or, alternatively, that the punishment should be calculated from ...

Sitting in his glass-walled corner office on the 34th floor of Manhattan's IBM building, Raj Rajaratnam marveled at his own success. It was Thursday, Oct. 15, 2009, and on his huge curved desk ...

A federal grand jury has returned an indictment against New York hedge-fund billionaire Raj Rajaratnam, the principal in the $21 million Galleon Group hedge-fund insider trading case -- the ...

The case accuses Rajaratnam of trading stocks based on inside information and earning $45 million as a result. If convicted, the billionaire could spend 20 years in jail.

Rajaratnam told Malaszuk to use false names with Western Union for identifying the sender of the funds and told him to destroy the paper he gave him with the names, the lawsuit said.

Although Rajaratnam’s defense team had them, the SEC still did not. After more than a year of legal tussling, the SEC finally got them in February 2011 through the discovery process in the civil ...