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Raj Rajaratnam, the face of the biggest trading scandal in a generation, was sentenced Thursday to 11 years in prison, one of the longest ever sentences handed down for an insider case. Prosecutors… ...
Rajaratnam, a 54-year-old native of Sri Lanka, was sentenced in October to the longest prison sentence ever to result from an insider trading case. He is scheduled to report to prison Monday.
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.
Rajaratnam was a generous giver to Democratic and liberal causes, and media critics have pointed to this to imply that the case has been given less or different attention than it would have been ...
Raj Rajaratnam, co-founder of the Galleon Group, was ordered to spend 11 years (132 months) in prison after being found guilty of charges related to insider trading. There are not many high ...
Rajaratnam Investigated Decade Ago Probe Adds Another Missed Opportunity by Securities Regulators and Government Prosecutors By Justin Scheck , Robert A. Guth and Ben Charny Dec. 3, 2009 12:01 am ET ...
Rajaratnam told U.S. District Judge Naomi Reice Buchwald that it turned out he wasn't able to arrange a flight until late Saturday. He arrived in New York on Sunday morning, when federal agents ...
NEW YORK (MarketWatch) -- Former hedge fund manager Rengan Rajaratnam has been found not guilty of conspiracy to commit insider trading, according to a report on CNBC. The jury took just one day ...
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 ...