Allvoices.com - Galleon Founder Asks Court to Reduce Bail

Galleon Founder Asks Court to Reduce Bail

Kumar, a director of McKinsey & Co global management consulting firm ...

Source: Reuters
Rajaratnam was indicted for allegedly receiving insider information on ...

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

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

Source: Reuters

Kumar, a director of McKinsey & Co global management consulting firm ...

Lawyers for Mr. Rajaratnam argued that the hedge fund manager’s flight risk is minimal because of his deep financial and family ties to New York City, as well as his eagerness to fight the government’s charges against him. They emphasized that nearly all of Mr. Rajaratnam’s family lives in the...

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News Stories

Deal in bad-check charge against S.F. landlord

News Source: San Francisco Chronicle | about 1 month ago

Under the deal, Lembi has agreed to pay the full amount, plus fees, for a total of $328,450, in a payment plan beginning today, according to Lembi's attorneys in the matter. In exchange, charges against Lembi, which this column reported on Thursday,...
Akamai Will Investigate Executive

News Source: Asian Wall Street Journal | about 1 month ago

This copy is for your personal, non-commercial use only...Akamai Technologies Inc. has opened an internal investigation into allegations that an executive at the company provided insider information to those involved in the Galleon Group case.
Lawyer: NY billionnaire no threat to flee charges

News Source: Merced Sun-Star | about 1 month ago

A billionaire hedge fund manager charged in an insider trading case asked that his bail be reduced from $100 million to $25 million Thursday, noting that even Bernard Madoff's bail was only $10 million even after he confessed to a multibillion-dollar...
Lawyer: NY billionnaire no threat to flee charges

News Source: Miami Herald | about 1 month ago

A lawyer says a billionaire hedge fund manager charged in a $25 million insider trading case plans to clear his name and is not a flight risk...Rajaratnam was charged with conspiracy earlier this month in federal court in Manhattan. Authorities say...
Galleon Founder Asks Court to Reduce Bail

News Source: The New York Times | about 1 month ago

Lawyers for Mr. Rajaratnam argued that the hedge fund manager’s flight risk is minimal because of his deep financial and family ties to New York City, as well as his eagerness to fight the government’s charges against him. They emphasized that...
Rajaratnam asks U.S. court to lower bond

News Source: Reuters | about 1 month ago

Rajakumara Rajaratnam, the billionaire founder of Galleon hedge fund accused in a wide-ranging insider trading case, wants his bond decreased to $25 million from $100 million, his lawyers said in a court document on Thursday. His lawyer also asked a...