[JURIST] A federal jury on Wednesday convicted [press release, PDF] Galleon Group hedge fund founder Raj Rajaratnam on all 14 counts of insider trading. The jury in the US District Court for the Southern District of New York [official website] found that Rajaratnam orchestrated the largest hedge fund insider trading case in US history, finding him guilty of five counts of conspiracy to commit securities fraud and nine counts of securities fraud. US Attorney Preet Bharara said:The message today is…

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *