Rajaratnam, Gupta seek to void US insider trading penalties
The men are the highest-profile defendants convicted in a US insider trading crackdown, focused mainly on hedge funds, unveiled in 2009.
Mar 10, 2015, 10:27 AM ISTRajaratnam, Gupta seek to void US insider trading penalties
Galleon Group hedge fund founder Raj Rajaratnam and former Goldman Sachs Group Inc director Rajat Gupta are seeking to overturn penalties imposed against them for insider trading, citing a recent U.S. court decision that narrowed the definition of that offence.
Mar 10, 2015, 02:16 AM ISTUS jury rejects insider trading case, ends prosecutor streak
Rengan Rajaratnam, the younger brother of convicted Galleon Group founder Raj Rajaratnam, was cleared on Tuesday of conspiring to engage in insider trading while at the hedge fund, ending a five-year winning streak by US prosecutors.
Jul 09, 2014, 01:22 AM ISTTrial of Rajaratnam's brother ends as defence says US case flawed
A lawyer for Rengan Rajaratnam on Monday compared the government`s insider trading case against the younger brother of Galleon Group founder Raj Rajaratnam to a jigsaw puzzle where the pieces had been wrongly jammed together.
Jul 08, 2014, 02:53 AM ISTTwo counts tossed in Rajaratnam brother's insider trading trial
A US judge on Tuesday dismissed two securities fraud counts against Rengan Rajaratnam, the younger brother of Galleon Group founder Raj Rajaratnam, in a surprise development in the federal criminal insider trading case.
Jul 02, 2014, 05:14 AM IST