Reuters – Convicted hedge fund tycoon Raj Rajaratnam is fighting to the last minute to convince the judge who will decide his fate next week to imprison him for far less than the 19-1/2 to 24-1/2 years demanded by prosecutors.
At a hearing on Tuesday in Manhattan federal court, Rajaratnam’s lawyers disputed prosecutors’ descriptions of the Galleon Group founder as a “serial” offender deserving of one of the longest sentences for Wall Street insider trading.
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