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.
A former Galleon Group trader contends he saw a brother of accused hedge fund founder Raj Rajaratnam remove notebooks from their office on the day of Rajaratnam's October 2009 arrest, according to trial documents.
A former Galleon Group trader contends he saw the brother of accused hedge fund founder Raj Rajaratnam remove notebooks from their office on the day of Rajaratnam's October 2009 arrest, according to trial documents.
Barry Minkow, an audacious former Ponzi scheme swindler who claimed to have cleaned up his act, was charged on Thursday with insider trading in shares of Miami-based Lennar Corp , a leading U.S. homebuilder.
Barry Minkow, a former Ponzi scheme swindler who claimed to have cleaned up his act, was charged on Thursday with insider trading in shares of Miami-based Lennar Corp , a leading U.S. homebuilder.
It was a brief, surprising, handshake between two men at opposite sides of the biggest Wall Street insider trading trial in decades.
A former Intel Corp managing director testified on Tuesday that he shared the chipmaker's secrets with his close friend, hedge fund founder Raj Rajaratnam, the central figure in the biggest Wall Street insider trading trial in decades.
NEW YORK, March 17 - In the ongoing insider-trading trial of Raj Rajaratnam, the government is firing some potent missiles from its arsenal of 2,400 taped phone conversations. But in a related case, a federal judge recently rebuked investigators for their handling of a wiretap, showing this powerful tool can open the government to uncomfortable legal challenges.
Accused hedge fund manager Raj Rajaratnam did not get secrets about Advanced Micro Devices Inc
and eBay Inc from a former high-placed friend because the information was already public, his lawyer argued at trial on Wednesday.
Hedge fund manager Raj Rajaratnam was told in mid-2008 of boardroom talks at Goldman Sachs about whether takeovers of Wachovia Corp or AIG made sense, jurors heard at his criminal trial.
Regardless of whether hedge fund chief Raj Rajaratnam ends up testifying at his criminal trial, jurors are going to hear a lot from him.
A disgraced former partner at McKinsey & Co told jurors he leaked stock tips about the elite consulting firm's clients to Raj Rajaratnam, in dramatic testimony at the biggest U.S. insider trading trial in years.
A U.S. prosecutor told a jury that greed drove hedge fund manager Raj Rajaratnam to establish a corrupt network of people to trade on inside information and make millions in illegal profits, as the trial got under way in the biggest Wall Street insider trading case in a generation.
Prosecutors and defense lawyers for onetime hedge fund billionaire Raj Rajaratnam will clash in a high-stakes face-off in court on Wednesday when they make their cases to a jury in the biggest Wall Street insider trading case in a generation.
The biggest Wall Street insider trading criminal case in a generation goes to opening statements on Wednesday, when prosecutors and defense lawyers for Galleon Group founder Raj Rajaratnam face off in court.
The biggest Wall Street insider trading criminal case in a generation goes to trial on Wednesday, when prosecutors open their case against Galleon Group founder Raj Rajaratnam whose arrest 16 months ago shook the hedge fund world.
The biggest U.S. insider trading case in decades was expected to head into opening statements on Wednesday in a court showdown between prosecutors and lawyers for Galleon hedge fund founder Raj Rajaratnam.
The criminal trial of hedge fund founder Raj Rajaratnam, at the center of the biggest U.S. insider trading probe in decades, began on Tuesday with the judge asking potential jurors whether they could be fair in deciding the case of a wealthy financial executive.
The criminal trial of hedge fund founder Raj Rajaratnam, at the center of the biggest insider trading probe in decades, began on Tuesday with the judge asking potential jurors whether they could be fair in deciding the case of a wealthy financial executive.