Galleon Group

Salesman "knew full well" he passed inside tips: Attorney

NEW YORK (Reuters) - A former Silicon Valley sales manager put company insiders together with hedge fund clients, knowing that corporate secrets would pass between them, federal prosecutors said at the start of his insider-trading trial.
 

U.S. seeks 6-7-year prison term for former trader

NEW YORK (Reuters) - Federal prosecutors are seeking a prison sentence of roughly six to seven-plus years for a former trader who pleaded guilty in April in connection to a sweeping government probe into insider trading.
 

Vanished Moody's analyst told to pay SEC $34.6 million

NEW YORK (Reuters) - A former Moody's Investors Service analyst who bolted for India and cannot be found was ordered to pay $34.56 million in a U.S. Securities and Exchange Commission lawsuit over his alleged illegal insider trading.
 

Primary Global CEO tied to insider case: filing

NEW YORK (Reuters) - The chief executive of expert networking firm Primary Global Research LLC has been implicated in the government's sprawling insider trading probe, court papers show.
 

Rajaratnam sentencing may be a fight to the death

NEW YORK (Reuters) - A U.S. government request that Galleon Group hedge fund founder Raj Rajaratnam spend as much as 24-1/2 years in prison -- a term associated more with murder than financial crimes -- raises the ante in the biggest individual insider trading case in a generation.
 

Prosecutors seek as much as 24-1/2 years for Rajaratnam

NEW YORK (Reuters) - Prosecutors asked a federal judge to sentence Raj Rajaratnam to as much as 24-1/2 years in prison, calling the Galleon Group hedge fund founder "arguably the most egregious violator" of insider trading laws ever to be caught.
 

Prosecutors seek as much as 24-1/2 years for Rajaratnam

NEW YORK (Reuters) - Prosecutors asked a federal judge to sentence Raj Rajaratnam to as much as 24-1/2 years in prison, calling the Galleon Group hedge fund founder "arguably the most egregious violator" of insider trading laws ever to be caught.
 

Ex-Goldman director Gupta, SEC to drop litigation

NEW YORK (Reuters) - Former Goldman Sachs Group Inc <GS.N> director Rajat Gupta and the U.S. Securities and Exchange Commission are dropping litigation against each other stemming from the sprawling federal insider trading probe.
 

Exclusive: Hedge fund manager Skowron might plead guilty

NEW YORK (Reuters) - Former FrontPoint Partners hedge fund manager Dr. Joseph "Chip" Skowron might be preparing to plead guilty, a court filing showed on Tuesday.
 

Chiesi gets 2-1/2 years prison in insider case

NEW YORK (Reuters) - Danielle Chiesi, a former hedge fund trader and key defendant in the sprawling Galleon Group insider trading case, was sentenced on Wednesday to 2-1/2 years in prison, and the presiding judge gave a stern warning to others on Wall Street considering breaking the law.
 

Ex-trader Chiesi awaits fate in Galleon insider case

NEW YORK (Reuters) - "There is not even a chance we will do one day in jail," Danielle Chiesi declared early last year in an interview with Reuters.