Insider’s Admission Deepens Galleon Case
February 8th, 2010
| Tags: admission, business, corporate information, galleon, raj rajaratnam, wharton school
New York Times
A former executive of Intel admitted in court on Monday that he had leaked confidential corporate information to his close friend Raj Rajaratnam, the founder of the Galleon Group hedge fund. He adds to a list of cooperating witnesses that federal prosecutors are using to build a case in a wide-ranging insider-trading scandal.
The executive, Rajiv Goel, said at a court hearing that his friendship with Mr. Rajaratnam began 25 years ago when the two attended the Wharton School at the University of Pennsylvania.
Related posts:
- Ex-Intel executive pleads guilty in hedge fund insider trading case in federal court in NYC Newser A former Intel executive pleaded guilty Monday to charges he fed confidential information about the computer-chip maker to...
- CORRECT:3rd UPDATE: Galleon’s Rajaratnam, Others Charged In Insider Case (In "3rd UPDATE: Galleon's Rajaratnam, Others Charged In Insider Case" at 1:20 pm EDT, Google's decline to comment was...
- Galleon’s Rajaratnam Charged in Insider Trading Scam Oct. 16 (Bloomberg) -- Raj Rajaratnam, founder of the hedgefund firm Galleon Group, was charged with conspiracy andsecurities fraud...
- Raj Rajaratnam of Galleon Group arrested in insider trading case Federal authorities have uncovered what they say is the largest case of insider trading ever at a hedge fund...
- Galleon Chief Rajaratnam, Others Charged in Insider Case NEW YORK -- Galleon Group founder Raj Rajaratnam and five others have been arrested and charged in an $20...
Leave a comment
| Trackback