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  • Judge Holwell: Rajat Gupta Verdict 'Not Surprising'

    After the jury convicted Rajat Gupta of insider trading, Richard Holwell- who presided over the Raj Rajaratnam insider-trading trial- said that he was not surprised by the verdict. He also said that this verdict was a great success for the US Attorney‘s office and will strengthen their attack on Wall Street‘s business ethics.

  • US seeks as much as 24-1/2 years for Rajaratnam

    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.

  • Rajaratnam seeks to throw out guilty verdict

    Lawyers for hedge fund tycoon Raj Rajaratnam asked a judge on Wednesday to throw out the Galleon Group founder's conviction on insider trading charges.

  • Rajaratnam juror excused, jury begins anew

    The jury weighing the fate of hedge fund manager Raj Rajaratnam began deliberations anew on Wednesday after a juror was excused for medical reasons and replaced by an alternate in the high-profile insider trading case.

  • Proof of Rajaratnam's guilt? His own voice: Prosecution

    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.

  • US judge rules for gov't on Rajaratnam evidence

    A US federal judge ordered that Galleon hedge fund founder Raj Rajaratnam must reveal taped evidence to be used in his upcoming insider trading trial set for March 8, a court document said.

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