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Rajaratnam Convicted on Insider Trading Case

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.

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US hedge fund founder convicted of insider trading

Tags: galleon grouphedge fundsinsider tradinginsider trading chargesRajaratnam
Andrew Ostler: I started working for The Employment Research Institute in 2008, and currently work as a content manager, writer, and editor for LawCrossing, EmploymentCrossing, and several of the company blogs, including JD Journal. I am also responsible for writing/editing many of the company emails for The Employment Research Institute.
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