State University of New York Institute of Technology
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Galleon insider-trading trial wraps up first week

Deliberations ended last Friday against Raj Rajaratnam. Rajaratnam, a billionair hedge-fund mogul, has been accused of insider trading. This is just one of many trials happening against inside traders. They claim he exploited insider information to avoid $63 million in losses. Rajaratnam claims his innocence, saying he relied on honest market research.

 

 

http://www.globalethics.org/newsline/2011/05/02/insider-trading-3/


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