Devastating wiretap evidence and the testimony of cooperating witnesses led a Southern District jury yesterday to convict Raj Rajaratnam on all 14 counts in the Galleon Group hedge fund insider trading scandal. Mr. Rajaratnam faces a prison term of more than 15 years when he is sentenced by Judge Richard Holwell on July 29, but the judge can go above that range based on a number of factors, including the amount of money involved.
U.S. Wins Convictions in Inside Trading Case
New York Law Journal
May 11, 2011
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