A former expert consultant to hedge funds pleaded not guilty to criminal conspiracy charges arising from a federal probe of insider trading.
A former expert consultant to hedge funds will plead not guilty to criminal charges arising from a federal probe of insider trading, his lawyer said.
While a jury studied the evidence in Raj Rajaratnam's trial on Tuesday, a former trader associated with his Galleon Group hedge fund became the latest to plead guilty in a sweeping government probe of insider trading on Wall Street.
The fate of hedge fund founder Raj Rajaratnam was in the hands of a jury on Monday in the biggest Wall Street insider trading trial in decades, a case that featured FBI phone taps and former friends who testified against him.
The fate of hedge fund founder Raj Rajaratnam will be in the hands of a jury on Monday in the biggest Wall Street insider trading trial in decades.
Raj Rajaratnam's lawyer took his last shot at a trial to keep his client out of prison, telling jurors on Thursday that phone taps and a parade of government witnesses did not prove that the hedge fund manager traded on material inside information about companies.
Raj Rajaratnam wanted to conquer the stock market at the expense of the law, a prosecutor said in closing arguments of the hedge fund manager's insider trading trial on Wednesday.
Raj Rajaratnam took advantage of friends and employees to make millions of dollars of illegal profit from insider trading, a prosecutor said as the trial of the Galleon Group hedge fund founder neared its conclusion.
The high-profile insider trading trial of hedge fund manager Raj Rajaratnam enters its closing phase on Wednesday and will turn on whether prosecutors or defense lawyers can summarize their case in a way that most resonates with jurors.
A recent study says IT professionals and executives are more concerned about cyber criminals than insider trading.
Hedge fund manager Raj Rajaratnam hopes a Superman will be able to help him win over the jury at his insider trading trial.
Raj Rajaratnam demanded discipline at his Galleon hedge fund, fined late-comers to his morning meetings $25 and never asked any company for inside information, one of his former top lieutenants testified.
Raj Rajaratnam demanded discipline at his Galleon hedge fund, challenged his analysts at standing-room only morning meetings, and never asked any company for inside information, one of his former top lieutenants testified.
Lawyers for Galleon hedge fund founder Raj Rajaratnam called two witnesses at his insider trading trial on Monday in an effort to undermine the credibility of a former employee who testified against him.
The unidentified co-conspirator who funneled tips and cash between a lawyer and trader accused of running a 17-year scheme to trade on corporate merger secrets was a former colleague of both defendants, the New York Times reported.
Here's some advice for anyone hoping not to get caught in an insider trading web: Shut up.
Knowing what Warren Buffett is going to do a few weeks before he does it is not the sure-fire money-maker you might think.
Trade-by-trade and sometimes using a calculator, an FBI agent testified at hedge fund founder Raj Rajaratnam's insider trading trial how the government matched phone records with transactions that it contends were based on illegal confidential information.
The jury at Galleon Group hedge fund founder Raj Rajaratnam's insider trading trial will not hear evidence of videotapes, fax and phone records from 1998 linking him to a former Intel Corp employee, the judge ruled on Tuesday.
The jury in the high-profile Raj Rajaratnam insider trading trial heard plenty of racy language on phone taps on Monday, even though the judge had deleted portions as being too risque.
A judge made the high-profile insider trading trial of Galleon Group hedge fund founder Raj Rajaratnam less risque on Monday, deleting portions of phone taps to be heard by the jury.
A former portfolio manager at Raj Rajaratnam's Galleon Group described pressure at the hedge fund to get an edge in stock trades and said he passed on secret details about companies to his boss.