A former Galleon Group trader contends he saw the brother of accused hedge fund founder Raj Rajaratnam remove notebooks from their office on the day of Rajaratnam's October 2009 arrest, according to trial documents.
It was a brief, surprising, handshake between two men at opposite sides of the biggest Wall Street insider trading trial in decades.
Goldman Sachs Group Inc chief Lloyd Blankfein will be called to testify at Raj Rajaratnam's insider trading trial as soon as this week, but prosecutors want to prevent him being questioned about any legal issues facing the bank, according to trial documents.
A former Intel Corp managing director testified on Tuesday that he shared the chipmaker's secrets with his close friend, hedge fund founder Raj Rajaratnam, the central figure in the biggest Wall Street insider trading trial in decades.
An Intel Corp executive testified that confidential details about a big wireless network transaction were leaked before the announcement of the deal, a key transaction in hedge fund founder's Raj Rajaratnam insider trading case.
Raj Rajaratnam made $4 million on Hilton Hotels stock when the company was bought by Blackstone Group LP in July 2007, jurors heard on Monday, as prosecutors pressed their case that the hedge fund founder had profited from inside tips about pending deals.
NEW YORK, March 17 - In the ongoing insider-trading trial of Raj Rajaratnam, the government is firing some potent missiles from its arsenal of 2,400 taped phone conversations. But in a related case, a federal judge recently rebuked investigators for their handling of a wiretap, showing this powerful tool can open the government to uncomfortable legal challenges.
Accused hedge fund manager Raj Rajaratnam did not get secrets about Advanced Micro Devices Inc
and eBay Inc from a former high-placed friend because the information was already public, his lawyer argued at trial on Wednesday.
Hedge fund manager Raj Rajaratnam was told in mid-2008 of boardroom talks at Goldman Sachs about whether takeovers of Wachovia Corp or AIG made sense, jurors heard at his criminal trial.
Regardless of whether hedge fund chief Raj Rajaratnam ends up testifying at his criminal trial, jurors are going to hear a lot from him.
A disgraced former partner at McKinsey & Co told jurors he leaked stock tips about the elite consulting firm's clients to Raj Rajaratnam, in dramatic testimony at the biggest U.S. insider trading trial in years.
A corrupt man or a legitimate stock researcher?
A corrupt man or a legitimate stock researcher?
A U.S. prosecutor told a jury that greed drove hedge fund manager Raj Rajaratnam to establish a corrupt network of people to trade on inside information and make millions in illegal profits, as the trial got under way in the biggest Wall Street insider trading case in a generation.
Prosecutors and defense lawyers for onetime hedge fund billionaire Raj Rajaratnam will clash in a high-stakes face-off in court on Wednesday when they make their cases to a jury in the biggest Wall Street insider trading case in a generation.
The biggest Wall Street insider trading criminal case in a generation goes to opening statements on Wednesday, when prosecutors and defense lawyers for Galleon Group founder Raj Rajaratnam face off in court.
The biggest Wall Street insider trading criminal case in a generation goes to trial on Wednesday, when prosecutors open their case against Galleon Group founder Raj Rajaratnam whose arrest 16 months ago shook the hedge fund world.
The biggest U.S. insider trading case in decades was expected to head into opening statements on Wednesday in a court showdown between prosecutors and lawyers for Galleon hedge fund founder Raj Rajaratnam.
The criminal trial of hedge fund founder Raj Rajaratnam, at the center of the biggest U.S. insider trading probe in decades, began on Tuesday with the judge asking potential jurors whether they could be fair in deciding the case of a wealthy financial executive.
The criminal trial of hedge fund founder Raj Rajaratnam, at the center of the biggest insider trading probe in decades, began on Tuesday with the judge asking potential jurors whether they could be fair in deciding the case of a wealthy financial executive.
Galleon hedge fund founder Raj Rajaratnam, the central figure in the biggest U.S. insider trading case in a generation, went to trial on Tuesday in a showdown with prosecutors that will feature wiretap evidence and the testimony of former friends and associates.
The criminal trial of Galleon hedge fund founder Raj Rajaratnam begins on Tuesday with jury selection in a case at the heart of the biggest insider trading investigation in a generation.