INSIDER TRADING

Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs Group Inc director Rajat Gupta, Newsweek Daily Beast reported.

Raj Rajaratnam has broken his silence in an interview with Newsweek.

Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.

Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.

The Securities and Exchange Commission is examining whether hedge fund SAC Capital Advisors used insider information to profit from Johnson & Johnson's takeover of Cougar Biotechnology Inc in 2009, the Wall Street Journal said, citing people familiar with the matter.

The Securities and Exchange Commission is warning staffers their personal brokerage-account information may have been compromised, after it uncovered security flaws with an ethics-compliance program.

Sri Lankan-born Hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for the biggest hedge fund insider trading case in the U.S., but the verdict was not as stringent as legal circles had predicted.

Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered on Thursday to serve 11 years in prison, one of the longest sentences ever in an insider-trading case but far less than prosecutors sought.

Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered on Thursday to serve 11 years in prison, one of the longest sentences ever in an insider-trading case.

Raj Rajartnam, the former co-founder of Galleon Group hedge fund, was sentenced Thursday to 11 years in an historic case for white collar crimes.

A billionaire and one-time hedge fund industrialist Raj, Rajaratnam who was arrested in the biggest Wall Street insider-trading is set to face his punishment in a Manhattan courtroom Thursday.

New Mexico's state pension fund is sticking with embattled hedge fund manager John Paulson for now even as his main portfolios suffer their worst-ever losses.

A former securities trader was sentenced to three years in prison on Friday for insider trading in another victory for prosecutors in their probe of suspicious trading on Wall Street.

Convicted hedge fund manager Raj Rajaratnam refuses to publicly reveal details of his medical ailments as demanded by U.S. prosecutors before a judge sentences him for insider trading, his lawyers said on Monday.

The U.S. Securities and Exchange Commission's inspector general has concluded that Mark Cuban, the billionaire owner of the Dallas Mavericks basketball team, was not targeted inappropriately by agency staff in its insider trading probe against him.

Federal prosecutors demanded on Thursday that the judge who will sentence convicted Galleon Group hedge fund founder Raj Rajaratnam make documents about the former money manager's medical records public.

Scientists trade information about their work, but a team of Canadian clinical researchers found that some of their colleagues may be inside trading, giving information on unpublished clinical trial data that can affect a drug company's stock.

Four hedge funds appealed on Tuesday a ruling in the Washington Mutual Inc bankruptcy that found viable claims they had engaged in insider trading, an opinion one fund called a gross injustice.

The son of a U.S. government chemist charged in an insider trading case pleaded guilty on Thursday to an unrelated charge of possessing several child pornography that included hundreds of graphic sexual images.

Two people who lost their insider trading trials earlier this year were sentenced on Wednesday to 10 and four years in prison, as the government continues its crack down on illegal trades.

Zvi Goffer, a former securities trader known as Octopussy because of his many sources of information, was sentenced to 10 years in prison on Wednesday for insider trading.