The trial of Rengan Rajaratnam, the younger brother of convicted hedge fund manager Raj Rajaratnam, is due to start this week, Reuters reports.
Rengan Rajaratnam, a former portfolio manager at Raj Rajaratnam’s Galleon Group, is charged with making at least $800,000 by trading on illegal tips passed on to him by his brother and his brother’s acquaintances. Raj Rajaratnam was convicted for insider trading in 2011 and sentenced to 11 years in prison.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
