June 17, 2012 Comments Off on Former Goldman Sachs director convicted of securities fraud
NEW YORK — A former Goldman Sachs director was found guilty Friday of feeding confidential information to a corrupt hedge fund manager, becoming the most prominent defendant convicted so far in a wide-ranging probe conducted by investigators armed with wiretaps. ...
Tagged with: convicted Economy goldman sachs investors new york raj rajaratnam wall street
Read More »October 26, 2011 Comments Off on Ex-Goldman board member pleads not guilty in insider trading case
NEW YORK — A former board member of Goldman Sachs and Procter & Gamble pleaded not guilty Wednesday to federal charges accusing him of acting as “the illegal eyes and ears in the boardroom” for a friend, a billionaire hedge ...
Tagged with: goldman sachs indicted insider trading new york raj rajaratnam wall street wiretap
Read More »October 13, 2011 Comments Off on Hedge founder gets 11 years in insider trade probe
NEW YORK — A former billionaire described by the government as “the modern face of illegal insider trading” was sentenced Thursday to 11 years in prison, the longest insider trading sentence ever but far short of the two decades sought ...
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Read More »June 13, 2011 1 Comment
NEW YORK — The second trial to result from a massive investigation into insider trading at hedge funds ended Monday with the conviction of a trio of Wall Street traders on charges they paid hefty bribes to coax confidential information ...
Tagged with: bribes hedge funds insider trading jury lawyers new york raj rajaratnam sentencing
Read More »May 11, 2011 Comments Off on Wiretaps key in convicting ex-hedge fund giant Raj Rajaratnam
NEW YORK — Former hedge fund titan Raj Rajaratnam was convicted in an insider-trading case Wednesday thanks largely to weapons prosecutors have using against mobsters and drug lords for years: wiretaps. What that means for his former peers depends on ...
Tagged with: conviction hedge fund insider trading new york raj rajaratnam wall street
Read More »March 1, 2011 1 Comment
WASHINGTON — Federal regulators have charged a former Goldman Sachs board member with insider trading, saying he provided confidential information to the central figure in a major hedge fund probe. The Securities and Exchange Commission announced the civil charges against ...
Tagged with: berkshire hathaway goldman sachs hedge fund insider trading raj rajaratnam securities and exchange commission warren buffett
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