The penalty is the largest ever assessed against a person in a Securities and Exchange Commission insider trading case.

See more here:
DealBook: Rajaratnam Ordered to Pay $92.8 Million Penalty

The punishment for Raj Rajaratnam, the former chief of the Galleon Group, though less than the government sought, was the longest prison sentence ever for insider trading.

See more here:
DealBook: Hedge Fund Founder Gets 11-Year Term in Insider Case

The punishment for Raj Rajaratnam, the former chief of the Galleon Group, though less than the government sought, was the longest prison sentence ever for insider trading.

Read more from the original source:
DealBook: Hedge Fund Founder Gets 11-Year Term in Insider Case

Michael Kimelman could have avoided prison by accepting a plea deal, but was convicted as part of a Galleon Group insider-trading circle and sentenced to two and a half years.

Originally posted here:
DealBook: Caught in a Wide Web, a Trader Faces Prison

What made Raj Rajaratnam, who was convicted of fraud and conspiracy Wednesday, stand out in the hedge fund world was his deep set of contacts inside executive suites and on trading floors.

Read this article:
DealBook: Galleon Chief’s Web of Friends Proved Crucial to Scheme

Raj Rajaratnam, the billionaire chief of the Galleon Group hedge fund, is the most prominent figure convicted in the government crackdown on Wall Street insider trading.

Original post:
DealBook: Galleon Fund Chief Guilty in Insider Case

It took weeks of deliberation, but a jury has convicted billionaire hedge-fund manager Raj Rajaratnam of fraud and conspiracy, finding him guilty of all 14 counts on Wednesday. The former Galleon Group chief could face 25 years in prison, although he’s…

Read the original:
Rajaratnam Guilty in Insider Trading Case

The Goldman Sachs chief executive tells jurors that September 2008 was “a dangerous time” that “made us nervous.”

More here:
DealBook: Blankfein Describes Financial Crisis Board Meetings at Galleon Trial

The insider trading trial against Raj Rajaratnam promises to deliver gripping drama, complete with confidential informants, wiretapped phones and high-profile witnesses.

Original post:
DealBook: For Hedge Fund Baron, Trial Poses a Steep Risk

The S.E.C. claims that Rajat Gupta, a former managing director of McKinsey, tipped off Galleon Group’s founder about Warren E. Buffett’s $5 billion investment in Goldman Sachs.

Follow this link:
DealBook: Former Goldman Director Charged With Insider Trading

A plea would leave Raj Rajaratnam, the founder of the Galleon Group hedge fund, as the last main defendant in the case.

View post:
DealBook: Guilty Plea Is Expected From Figure in Galleon Case

The two-year-old wiretaps first used in the Galleon Group case are expected to be used to investigate other suspected cases of insider trading.

Excerpt from:
DealBook: Wiretaps Said to Widen Insider Inquiry

Don Chu, an executive from expert networking firm Primary Global Research, is accused of passing along information on technology company earnings to a figure in the Galleon insider trading case.

Read the original here:
DealBook: Arrest in Insider Trading Inquiry

The FBI widens its investigation of insider trading beyond hedge fund Galleon, with raids on three more fund managers.

View original post here:
FBI widens insider trading probe