A former driver for Raj Rajaratnam has sued the one-time billionaire, claiming he was fired for complaining about secret wire transfers the founder of the Galleon Group hedge fund made to fellow prisoners following his conviction for insider trading.
Call them jailbirds of a feather.
The Supreme Court on Monday denied jailed hedge fund manager Raj Rajaratnam’s request to have the appeal of his insider trading conviction heard by the highest court in the U.S.
U.S. prosecutors plan to drop two securities fraud charges against former Galleon Group hedge fund portfolio manager Rengan Rajaratnam, the younger brother of Raj Rajaratnam, who founded the firm and was convicted of insider trading in 2011.
The Securities and Exchange Commission has charged a former employee at a Silicon Valley-based semiconductor company for his role tipping non-public information used in connection with Raj Rajaratnam’s massive insider trading scheme.
A federal appeals court on Monday refused to disturb the insider trading conviction of Galleon Group hedge fund founder Raj Rajaratnam, one of the most prominent defendants in the U.S. government's wide-ranging probe into insider trading.
The U.S. Securities and Exchange Commission has charged a former executive at a Massachusetts-based technology firm for illegally tipping non-public information about the company’s financial predicament as part of the insider trading scheme operated by now-imprisoned Galleon Management hedge fund founder Raj Rajaratnam.
Imprisoned inside trader Raj Rajaratnam may be getting more inside help behind bars. The New York Post says he has an adjustable bed and balcony and a "manservant" on call.
Rajat Gupta, the former managing director of the consulting giant McKinsey & Company, and Parag Saxena were not just business partners in a South Asian private equity fund, New Silk Route.
Galleon Group co-founder Raj Rajaratnam’s conviction for directing the most extensive insider-trading scheme in U.S. history was upheld by an appeals court, which ruled the government’s use of wiretaps was proper.
Rangers host Feyenoord at Ibrox in the Europa League this evening.
Chelsea midfielder Ross Barkley missed a crucial spot kick against Valencia, as Frank Lampard's side slipped to defeat.
Eden Hazard, who left Chelsea in the summer of 2019, was in action for Real Madrid against Paris Saint-Germain on Wednesday.
Liverpool have made a 100% start to the Premier League season and they will be looking to maintain that at the weekend despite suffering a defeat to Napoli on the opening night of the Champions League.
Joao Cancelo made his first Champions League appearance for Pep Guardiola's Manchester City during a 3-0 win at Shakhtar Donetsk.
Everton boss Marco Silva has faced a great deal of criticism after his side were beaten last weekend.
Serge Atakayi was the hero for Ibrox side Glasgow Rangers on Wednesday.
Tottenham Hotspur loanee Jack Clarke could potentially be returning back to his parent club in January because his game time at Leeds United has completely dried out.
Scottish Premiership powerhouses Rangers let Lee Hodson leave Ibrox this summer before he signed a contract with Gillingham.
Tottenham Hotspur sold Kieran Trippier to Atletico Madrid during the summer transfer window.
The ghost of Raj Rajaratnam still haunts hedge funds. Some make employees sign pledges that they’ve not acted on illicit tips, others snoop on their traders with keystroke-reading software. At the compliance meetings everybody has these days, prison isn’t an off-the-wall topic.
Galleon Group founder Raj Rajaratnam, who is serving an 11-year prison term for insider trading, and his hedge fund have been sued by his younger brother for $13.5m he claims is owed him in unpaid commissions and legal costs.
Former Goldman Sachs director Rajat Gupta lost his latest bid to throw out his insider-trading conviction and prison sentence, even after an appeals court last year made it harder to prosecute tipping cases.