rajaratnam

John Dowd, Mr Rajaratnam's lawyer, said he planned to appeal, citing the admissibility of the wiretaps central to the prosecution's case.

Mr. Rajaratnam's legal team argued that the information provided by his contacts wasn't material and was already public.

Mr Rajaratnam used to be considered one of Wall Street's cleverest investors.

Prosecutors say Mr Gupta had a financial interest in the success of Galleon, Mr Rajaratnam's hedge fund, because he was an investor.

The verdict will come down to whether a jury believes Rajaratnam was trying to cheat.

Judge Richard Holwell handed down the sentence after concluding that Mr Rajaratnam made more than $50m in profits from his illegal trades.

Mr Rajaratnam was clearly not worried about getting caught since the Galleon hedge fund had a mass of legitimate information and research.

Some jurors said the wiretaps of Mr. Rajaratnam were the deciding factor.

Mr Rajaratnam is at the centre of one of the largest insider-trading cases in history.

Investors are now flocking to pull their money out, prompting Mr Rajaratnam to say on October 21st that he would wind down Galleon's funds.

But Mr Rajaratnam is the biggest fish netted so far in a two-year drive by American regulators to catch crooked traders.

The biggest case is against hedge-fund giant Raj Rajaratnam, who ran Galleon Group and is now on trial in lower Manhattan.

Sri Lankan-born Raj Rajaratnam was for a time worth more than 1 billion dollars, a prominent hedge fund boss.

Mr. Rajaratnam's team responded that it 'has never suggested that Goldman Sachs is somehow responsible for the 2008 financial crisis. '

Judge Holwell denied a motion by Mr Rajaratnam's lawyers for him to stay free pending an appeal.

Perhaps Rajaratnam will be able to do him some favors if they find themselves on the same cellblock.

The judge rejected the prosecutors' request to have Mr. Rajaratnam imprisoned immediately.

Mr. Rajaratnam, founder of the Galleon Group hedge fund, used the information for his financial benefit.

The U. S. has charged Mr. Rajaratnam and 20 others in a wide-ranging insider-trading case.

In other words, guys like Rajaratnam argue that they're doing us a favor because their information ultimately filters into the market.

Mr Rajaratnam convicted himself with his own words caught on the tapes.

Raj Rajaratnam was found guilty of securities fraud in the biggest insider-trading case in a generation.

The defence's main hope is to make jurors question whether Mr Rajaratnam's trading strategy was illegal.

Mr. Rajaratnam and his co-defendants, who were accused of reaping $20 million in illegal profits, have denied wrongdoing.

Mely Caballero-Anthony is an expert on ASEAN at the Rajaratnam School of International Studies in Singapore.

Throughout his two-year legal battle, and the seven-week trial this year, the Sri Lankan-born Mr Rajaratnam has publicly kept his composure.

Six people including Raj Rajaratnam, the boss of Galleon Group, a hedge fund, were arrested on charges of insider trading.

The judge also revealed details of Mr Rajaratnam's previously undisclosed medical problems.

Inevitably, such returns induce insider trading: hence Raj Rajaratnam.

The insider trading trial of Raj Rajaratnam placed more than just hedge fund advisers in the spotlight.

Others are dubious that the Rajaratnam verdict will change behavior on Wall Street.

He testified that Mr Rajaratnam's family gave him $15m to manage just nine weeks before the trial's start.

Bharara made that point emphatically when he announced Rajaratnam's arrest.

Rajaratnam has gone on trial for allegedly masterminding an insider-trading ring.

In one recorded call, Mr Rajaratnam said to Ms Chiesi that he "must defer to you on IBM" .

Bharara alleges that the wiretaps confirm that Rajaratnam got information that most investors couldn't possibly access and traded on it.

Rajaratnam is accused of making more than $20m through unlawful trades on inside information.

This is a criminal trial: prosecutors have to convince the jury that Mr Rajaratnam is guilty "beyond a reasonable doubt" .

But Gupta's close association with Rajaratnam invites scrutiny.

Mr Rajaratnam, a risk-taker in his trading, took the same approach to fighting the government's charges against him.

It is no surprise that Mr Rajaratnam's jury took twelve days.

After being caught, Rajaratnam liquidated his fund.

Rajaratnam was convicted after a trial in May of securities fraud and conspiracy and sentenced this month to 11 years in prison.

Later, some of those early contacts would lead to tips that became a hallmark of Mr. Rajaratnam's trading.

A spokeswoman for Mr. Rajaratnam's legal team declined to comment.

On May 11th Mr Rajaratnam lost the battle he was fighting against government prosecutors.

Mr Rajaratnam insists he is innocent and traded only on the basis of public information.

When Rajaratnam was indicted in 2009, he defiantly declared his innocence.

"But [with] AMD, bring it on, baby, " Mr Rajaratnam said.

Mr. Rajaratnam was recently sentenced to 11 years in prison for insider trading.

Mr Rajaratnam is the 35th to be convicted.

After his office won the conviction of Rajaratnam, Bharara was lauded far and wide.

Happily, the nightmare has been avoided with the conviction of Mr Rajaratnam on all 14 counts.

Mr Rajaratnam's ties reached into board rooms.

ON WEDNESDAY May 11th, Raj Rajaratnam was convicted on 14 counts of securities fraud and conspiracy.

Mr. Rajaratnam has posted a $100 million bond secured by $20 million in cash or property.

Mr. Rajaratnam's lawyer plans an appeal.

Mr. Rajaratnam is fighting the charges; 11 others have pleaded guilty in the case, which is continuing.

Mr. Rajaratnam, 53 years old, grew up in Sri Lanka, the son of a sewing-machine company manager.

This is the first insider-trading case in which the government has used wiretaps, and they were pivotal in Mr Rajaratnam's conviction.

Rajaratnam, once a friend of Gupta's, is serving an 11-year prison sentence.