The long-awaited trial of Raj Rajaratnam, Galleon Group founder, began last week in New York.
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The billionaire founder of hedge fund Galleon Group then ordered his funds to trade on the inside information.
Fedreal investigators have used similar tactics in a parallel investigation involving Galleon Group.
In May, Raj Rajaratnam, the founder of the Galleon Group, was convicted on fourteen counts of conspiracy and securities fraud.
For his central role in the conspiracy, Rajaratnam, the co-founder of the now defunct Galleon Group, received a record 11-year sentence.
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The biggest fish of all in the Galleon Group case(s) is Raj Rajaratnam who was convicted at trial in May.
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The bell tolled just over a year ago when wiretaps were first used to bring insider trading charges against Galleon Group.
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Raj Rajaratnam (Galleon Group) was considered a flight risk also, but he was g iven bail and released pending his trial.
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The insider trading case against billionaire Raj Rajaratnam, founder of the Galleon Group, will be closely watched when it begins on Tuesday.
They claimed Raj Rajaratnam, founder of hedge fund Galleon Group, took advantage of friends and employees to illegally make millions of dollars.
Rengan Rajaratnam left his brother's fund, Galleon Group, in 2003 and joined Steven A. Cohen's SAC Capital Advisors LP as an analyst.
On Wall Street, Federal prosecutors used court-ordered wiretaps in the case against Raj Rajaratnam, the founder of Galleon Group hedge fund.
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The long-awaited Galleon Group legal tangle has finally made it to trial.
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You will find that the Super Bowl parties for the executives, paid for by Galleon Group, include prostitutes and other forms of illegal entertainment.
Galleon Group founder Raj Rajaratnam is at the center of an even higher profile case brought by the SEC and the Department of Justice.
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To quickly bring you up to speed: Raj Rajaratnam is awaiting sentencing in his trial for insider trading while he led the Galleon Group.
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Raj Rajaratnam, the founder of the hedge fund Galleon Group, stood at the center of one of the largest of these insider trading networks.
Rather than cooperate at that point, Drimal chose to contact former Galleon Group trader Zvi Goffer to tell him the feds were hunting everyone down.
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Rajaratnam, the founder of the now defunct hedge fund, Galleon Group, was convicted in 2011 of all the 14 charges leveled at him by prosecutors.
Gupta passed that information on to his good friend, Raj Rajaratnam (Galleon Group hedge fund) and Raj subsequently bought Goldman shares for a quick profit.
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With the upcoming trial of Raj Rajaratnam (Galleon Group), there have been a number of names mentioned of those indicted and those who have pleaded guilty.
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Raj Rajaratnam, co-founder of the Galleon Group, was ordered to spend 11 years (132 months) in prison after being found guilty of charges related to insider trading.
With both trials for those involved in the Galleon Group having resulted in guilty verdicts, it is time to move on to other drama in the courtroom.
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Until his recent conviction on 14 criminal charges, Raj Rajaratnam (who translates his name as "King of Kings"), the founder of the Galleon Group, epitomized professional and financial success.
Michael Feinstein, executive vice-president at Hedge Fund Insurance, a broker, says he tried to sell a policy to Galleon Group a few years ago, which it didn't end up buying.
The 53-year-old founder of Galleon Group has told people close to him that he intends to testify at his own trial, the biggest legal showdown over insider trading in a generation.
For instance, Raj Rajaratnam, the founder of the hedge fund Galleon Group who was convicted of insider trading in 2011, is serving time at Devens, according to the Bureau of Prisons.
Rajaratnam, if you recall, is the founder of the Galleon Group, and was sentenced this October to 11 years in jail after being convicted on 14 counts of conspiracy and securities fraud.
Of the 26 people indicted, 19 have already pleaded guilty to being a part of an insider trading scheme with the Galleon Group leader, Raj, who is at the center of the investigation.
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Raj Rajaratanam, c0-founder of Galleon Group, is scheduled to be sentenced on October 13th for his role in the massive insider-trading case brought in the Southern District of New York by U.S. Attorney Preet Bharara.
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