As a court official read the verdict aloud in a Manhattan federal courtroom, hedge fund founder Raj Rajaratnam's lead lawyer John Dowd began ticking off the "guilty" counts on his verdict sheet.
Hedge fund founder Raj Rajaratnam did not appear in court on Monday on the sixth day of jury deliberations in his insider trading trial after undergoing emergency foot surgery, his lawyer said.
In the US, after more than six weeks of testimony, the insider trading trial of Raj Rajaratnam entered a critical phase with both sides making their closing arguments. CNBC's Scott Cohn reports on the latest action coming out of the courtroom.