Galleon Insider-trading | featured news

Galleon Group founder's brother charged with insider trading

A younger brother of Raj Rajaratnam was charged with insider trading on Thursday, nearly two years after the founder of the Galleon Group hedge fund was convicted of that crime.

 

NYC jury convicts hedge fund founder of conspiracy, fraud in massive insider trading case

NYC jury convicts hedge fund founder of conspiracy, fraud in massive insider trading case

A former Wall Street titan was convicted Wednesday of making a fortune by coaxing a crew of corporate tipsters to give him an illegal edge on blockbuster trades in technology and other stocks — what prosecutors called the largest insider trading case ever involving hedge funds.

 

More arrests in Galleon insider-trading case: sources

Federal authorities have arrested eight more people in connection with the Galleon insider-trading scandal, sources familiar with the matter said on Thursday.

 

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