The conviction of Raj Rajaratnam as the ringleader in five insider trading conspiracies has been upheld by the U.S. Court of Appeals for the Second Circuit.
The circuit on Monday rejected Rajaratnam's claim that the government made critical misstatements and omissions in its initial application for a wiretap that recorded the cellphone calls used to bring the one-time billionaire to trial in the Southern District and convict him in 2011.
This content has been archived.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]
