INSIDER TRADING

Feds get guilty plea in expert network insider probe

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On the same day that a jury convicted hedge fund manager Raj Rajaratnam, federal prosecutors notched another victory when a former account manager at a semiconductor company, Manosha Karunatilaka, pleaded guilty to charges of insider trading.
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Rajaratnam jury starts 3rd week, re-hears calls

The jury at the insider trading trial of hedge fund manager Raj Rajaratnam began the third week of deliberations by asking to hear replays of FBI phone taps between the Galleon Group founder and one of the former friends who testified against him.
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Rajaratnam jury starts third week, re-hears calls

The jury at the insider trading trial of hedge fund manager Raj Rajaratnam began the third week of deliberations by asking to hear replays of FBI phone taps between the Galleon Group founder and one of the former friends who testified against him.
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Rajaratnam returns to his trial, nursing right foot

Hedge fund founder Raj Rajaratnam, absent for three days from his trial on insider trading charges because of a foot infection, returned to the New York courthouse on Friday wearing a blue vinyl medical shoe.
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Rajaratnam absence, jury change unsettles trial

The jury weighing the fate of hedge fund manager Raj Rajaratnam began deliberations anew on Wednesday after a juror was excused from the high-profile insider trading trial for medical reasons and replaced.
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Rajaratnam juror excused, jury begins anew

The jury weighing the fate of hedge fund manager Raj Rajaratnam began deliberations anew on Wednesday after a juror was excused for medical reasons and replaced by an alternate in the high-profile insider trading case.
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Rajaratnam juror leaves case, jury to start again

The jury in Galleon Group hedge fund founder Raj Rajaratnam's insider trading trial will have to start deliberations again after one juror was dismissed from the case for medical reasons, the presiding judge said on Wednesday.

Ex-hedge fund manager pleads guilty to insider trading charges

Former hedge fund manager Donald Longueuil has pleaded guilty to conspiracy and securities fraud charges arising from an insider trading scheme in which he obtained and traded on material, non-public information, Preet Bharara, the United States Attorney for the Southern District of New York, said.
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Former SAC analyst settles insider charges with SEC

Former SAC Capital Advisors LP analyst Jonathan Hollander reached a settlement with U.S. securities regulators over allegations he engaged in insider trading in his personal account, while working at Steven A. Cohen's $12 billion hedge fund.
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Another plea in Galleon case; Rajaratnam jury sits

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.
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Jury deliberates Rajaratnam's fate in insider case

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.
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Defense presses trial jury to acquit Rajaratnam

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.
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Rajaratnam broke law to conquer market: prosecutor

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.
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Rajaratnam trial rivals to make last pitch to jury

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.

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