Two men accused of insider trading as part of the Galleon Group prosecution lost their bid to introduce evidence or delay a trial set to begin May 16, less than a week after the conviction of the hedge fund’s co-founder, Raj Rajaratnam.

Tagged with: Raj Rajaratnam

Raj Rajaratnam, the billionaire Galleon Group founder, and Danielle Chiesi, an executive at New Castle Funds, pleaded not guilty to federal charges that they used inside information to profit from stock trades. The two were indicted on Dec. 15 in ...

Tagged with: insider trading Raj Rajaratnam

John M. Dowd, the new criminal lawyer for Galleon Group hedge fund founder Raj Rajaratnam, is a legal heavy hitter. During more than 30 years as a lawyer, Dowd has represented U.S. Sen. John McCain in an ethics investigation, ex-Justice ...

Tagged with: Raj Rajaratnam

The judge presiding over the U.S. Securities and Exchange Commission’s lawsuit against Galleon Management, whose founder Raj Rajaratnam faces criminal charges, said he wants the civil case ready for trial within five months. U.S. District Judge Jed Rakoff in New ...

Tagged with: Jed Rakoff Raj Rajaratnam U.S. Securities and Exchange Commission

Federal investigators are gearing up to file charges against a wider array of insider-trading networks, some linked to the criminal case against billionaire hedge-fund manager Raj Rajaratnam that shook Wall Street last week, people familiar with the matter said. The ...

Tagged with: insider trading Raj Rajaratnam