Friday, December 2, 2011

Judges Rule Galleon Chief Must Go to Prison

Advertise

Andrew Gombert/European Pressphoto AgencyRaj Rajaratnam, the former head of the Galleon Group, was found guilty of insider trading earlier this year.8:30 p.m. | Updated A federal court has denied Raj Rajaratnam’s request to remain free on bail while he appeals his insider-trading conviction, a ruling that forces the fallen hedge fund manager to report to prison on Monday.Mr. Rajaratnam, the former head of the hedge fund Galleon Group, is set to serve his 11-year sentence — the longest

Read more ...


Advertise

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...