Allvoices.com - Big insider-trading hedge fund case

Big insider-trading hedge fund case

Galleon hedge fund partner Raj Rajaratnam is escorted by FBI agents ...

Source: Reuters
Ralph Cioffi, an ex-Bear Stearns hedge fund manager, arrives at ...

Source: Reuters
Matthew Tannin,an ex-Bear Stearns hedge fund manager, arrives at ...

Source: Reuters
Galleon hedge fund partner Rajaratnam is escorted by FBI agents after ...

Source: Reuters

Galleon hedge fund partner Raj Rajaratnam is escorted by FBI agents ...

The scheme targeted some of the Bay Area's biggest high-tech names. Two of the scheme's alleged drivers are from around here, as are the informants who reportedly ratted them out...In the story so far, billionaire New York hedge fund proprietor Raj Rajaratnam has been charged, along with five others,...

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Six charged in $20m insider trade case

By: MarleneDuvalAndAssociates

Billionaire investor Raj Rajaratnam and present and former executives of Bear Stearns, IBM, Intel and McKinsey were charged on Friday in an alleged insider trading scheme that US prosecutors called the biggest ever involving hedge funds. In 1997, when the Sri-Lankan born Raj Rajaratnam launched his hedge fund Galleon Technologies, he told a journ

about 1 month ago
Galleon Insider Trading Case Widens 14 CHARGED

By: RaulDeSouza

Two former Galleon Group employees and a Ropes & Gray lawyer were among 14 people charged today in the expanding insider trading case surrounding the hedge fund founded by Raj Rajaratnam, who was busted last month. The traders and lawyers snuck around, communicating in code over throwaway cellphones, but had the FBI on their tails for more ...

24 days ago
Corporate Governance fiasco at ISB could make it a case study; Are ...

By: newsglobally

The Indian School of Business is one of the most prestigious business schools in the world and was established to rival IIM. The business school has renowned and industry leaders on the board of directors, however, some of its executive board members were charged with fraud and forgery. Recently, Billionaire Galleon Group founder Raj ...

about 1 month ago
Raj Rajaratnam unloads his Sri Lankan Shares

By: Listenup

Sri Lankan Born Business tycoon, Raj Rajaratnam currently booked on charges of Insider trading has now gone on a selling spree in his home country stock market, the Colombo Stock Exchange (CSE). The proceeds from exiting these shares are believed be to fund his currently massive bail amount in the tune of 100 million USD. Rajaratnam’s ...

9 days ago

News Stories

'Unusual activity' in Hilton shares led to Rajaratnam charges

News Source: Financial Times | about 1 month ago

US Securities and Exchange Commission, monitors intra-day trading and is in the front line of defence against illegal activity. It also emerged on Monday that some of the largest investors in hedge funds had for years harboured concerns about...
The rise and fall of Rajaratnam

News Source: India Abroad | about 1 month ago

Rediff Business Desk R aj Rajaratnam, founder of Galleon Group, a New York-based hedge fund, arrested for insider trading describes himself as a 'focused' man...How he will survive now is however a million-dollar question. He is among the six...
Big insider-trading hedge fund case

News Source: San Francisco Chronicle | about 1 month ago

The scheme targeted some of the Bay Area's biggest high-tech names. Two of the scheme's alleged drivers are from around here, as are the informants who reportedly ratted them out...In the story so far, billionaire New York hedge fund proprietor Raj...
Two rising stars linked to insider trading scandal

News Source: The Mercury News | about 1 month ago

Locally established and internationally connected, the two men's work and reputations stretched to India and back, as they moved in the rarified air of global big business. Suddenly, Anil Kumar and Rajiv Goel seem to have fallen back to earth. As...
The Industry Standard: IBM places exec on leave in wake of alleged insider ...

News Source: Uinta County News | about 1 month ago

IBM has placed Robert Moffat, the head of its Systems and Technology Group, on a leave of absence after he was charged by the U.S. Securities and Exchange Commission in an alleged insider-trading scheme. Moffat, a senior vice president at IBM, was...
WRAL-TV 5, Raleigh: IBM suspends exec charged with insider trading

News Source: Androscoggin News | about 1 month ago

Moffat, a senior vice president in charge of IBM’s hardware business, is no longer an officer with the company, IBM added. The Wall Street Journal first reported the move against Moffat, quoting an IBM spokesperson. A woman who answered the phone...