Hedge fund founder Raj Rajaratnam, from the Galleon Group, was convicted on 14 counts of insider trading on May 11. It was the largest hedge fund insider trading case in U.S. history and he faces up to 205 years in prison. Sentencing is set for July and his lawyers say he plans to appeal.
Read the original article here:
US hedge fund founder convicted of insider trading
Posted by aostler
on May 12, 2011. Filed under Home,Legal News.
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