SEC Brings More Insider Trading Actions in Galleon Case
The SEC says that it has now charged 32 defendants in its Galleon-related enforcement actions.
SEC Dismisses Chartwell Case; Charges Hedge Fund Manager Tied to Galleon
The SEC dismissed civil insider trading claims against Chartwell Asset Management and, in a separate case, charged a hedge fund manager with insider trading.
Judge Rakoff Says Goldman's Blankfein Can Testify in Insider Trading Case
Controversial Federal judge orders that deposition can be taken before Rajat Gupta insider trading trial.
Former FrontPoint Hedge Fund Manager Gets 5 Years for Insider Trading
On Friday, Dr. Joseph 'Chip' Skowron, former FrontPoint Partners hedge fund manager, got the bad news: he was sentenced to five years in prison for his part in an insider trading scheme. He also was fined and ordered to pay restitution.
Judge Imposes Record Fine on Galleon's Rajaratnam
Judge Jed S. Rakoff assessed a $98.2 million fine against hedge fund billionaire Raj Rajaratnam of Galleon Group while criticizing the SEC's settlements in insider trading cases
Dennis Kozlowski: CEO Bonuses for TARP Recipients ‘Indefensible’
As news of the conviction and sentencing of hedge-fund manager Raj Rajaratnam settles down, it’s a good time to take a look back at the last “Bond Villain” to make the financial perp walk—former Tyco CEO Dennis Kozlowski.
Galleon’s Rajaratnam Sentenced to 11 Years for Insider Trading
Raj Rajaratnam, the 54-year-old co-founder of hedge fund Galleon Group, was sentenced to 11 years in prison on Thursday, one of the longest punishments ever handed down for insider trading.
Galleon’s Rajaratnam Guilty on All Counts
Raj Rajaratnam, the billionaire founder of the hedge fund Galleon Group, was convicted Wednesday on all 14 counts of insider trading.
Goldman Sachs CEO Blankfein Testifies at Galleon Hedge Trial
Goldman Sachs CEO Lloyd Blankfein told a jury at an insider trading trial Wednesday that a former board member violated the company's confidentiality policies.
As Galleon Trial Opens, Prosecutor Blasts Hedge Fund Chief
Raj Rajaratnam traded on secret information "again and again and again" between 2003 and 2009 as he operated a family of hedge funds at his hedge fund, Galleon Group, the prosecutor told the jury at the opening of the trial.