Galleon’s Rajaratnam Found Guilty
By PETER LATTMAN and AZAM AHMED
NYT
Raj Rajaratnam, the billionaire investor who once ran one of the world’s largest hedge funds, was found guilty on Wednesday of fraud and conspiracy by a federal jury in Manhattan. He is the most prominent figure convicted in the government’s crackdown on insider trading on Wall Street.
Mr. Rajaratnam was convicted on all 14 counts.
Mr. Rajaratnam, dressed in a black suit, had no expression as the verdict was read in the overflowing courtroom.
His lawyer, John Dowd, said he would appeal.
(More here.)
NYT
Raj Rajaratnam, the billionaire investor who once ran one of the world’s largest hedge funds, was found guilty on Wednesday of fraud and conspiracy by a federal jury in Manhattan. He is the most prominent figure convicted in the government’s crackdown on insider trading on Wall Street.
Mr. Rajaratnam was convicted on all 14 counts.
Mr. Rajaratnam, dressed in a black suit, had no expression as the verdict was read in the overflowing courtroom.
His lawyer, John Dowd, said he would appeal.
(More here.)
Powered by Blogger
0 Comments:
Post a Comment
<< Home