| Rajaratnam found guilty on all counts |
| Raj Rajaratnam, the hedge fund billionaire, was found guilty of insider trading, handing the US government a victory as it expands its prosecution of leaks on Wall Street. After 12 days of deliberation, the jury of eight women and four men issued their verdict convicting the former head of Galleon Group on all counts. He was found guilty of making $63m by trading after learning secrets about earnings announcements and corporate takeovers before they were announced. http://link.ft.com/r/CTBPCC/ |
Reflections from news and commentary of the day
Subscribe To
Posts
Comments
Wednesday, May 11, 2011
Rajaratnam found guilty on all counts
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment