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Raj Rajaratnam

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Top Raj Rajaratnam Articles see all

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  • SAC's Martoma gets nine years prison for insider trading

    NEW YORK (Reuters) - Mathew Martoma, a former portfolio manager at billionaire Steven A. Cohen's SAC Capital Advisors LP hedge fund, was sentenced on Monday to nine years in prison for engaging in what authorities called the most lucrative insider trading scheme in U.S. history.
  • U.S. prosecutors try for rebound at insider trading trial

    NEW YORK (Reuters) - U.S. prosecutors in New York revived their five-year crackdown against insider trading on Monday, taking a former executive at data equipment maker Foundry Networks Inc to trial two months after suffering their first jury defeat in...

    Insider traders in U.S. face longer prison terms, Reuters analysis shows

    NEW YORK (Reuters) - U.S. judges are imposing increasingly long prison terms for insider trading, a Reuters analysis shows. The rise is at least partly driven by the bigger profits being earned through the illegal schemes, defense lawyers said. The trend...

    Supreme Court rejects appeal by Rajaratnam in insider-trading case

    Supreme Court rejects appeal by Rajaratnam in insider-trading case
    The Supreme Court rejected the appeal of former hedge-fund king Raj Rajaratnam to overturn his conviction and 11-year prison sentence for insider trading. Rajartnam, the founder of once high-flying Galleon Group, was convicted on 14 counts of securities...

    Making a Wall St. crime criminal

    The U.S. attorney in Manhattan last week announced the criminal indictment of hedge fund SAC Capital Advisors. Some may wonder what is to be gained by the effort and expense. Unlike the case of hedge fund mogul Raj Rajaratnam, who went to prison in 2011...