Hedge Fund News From HedgeCo.Net

Judge orders hedge fund manager Rajaratnam to pay $92.8m in SEC case

Banking Business Review – The Securities and Exchange Commission has obtained a financial penalty of $92.8m against billionaire hedge fund manager Raj Rajaratnam for widespread insider trading.

A federal jury in May 2011 convicted Rajaratnam of 14 counts of securities fraud and conspiracy in the criminal case.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>