Fall of the Hammer Rajaratnam convicted

Fall of the Hammer  Rajaratnam convicted

Hedge fund billionaire and founder of the Galleon Group, Raj Rajaratnam,  who has been at the centre of the biggest insider trading case in the history of US was found guilty in a verdict on May 11, 2011. Rajaratnam was found guilty on all 14 counts – five relating to conspiracy and the balance concerning securities fraud.

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