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Rengan Rajaratnam

09 Jul 2014

Rengan Rajaratnam cleared, US insider trading streak snapped

Rajaratnam, 43, who was living in Brazil at the time of his indictment, hugged his lawyers after the jurors were dismissed.

Rengan Rajaratnam

08 Jul 2014

US jury rejects insider trading case, ends prosecutor streak

Rengan Rajaratnam, the younger brother of convicted Galleon Group founder Raj Rajaratnam, was cleared on Tuesday of conspiring to engage in insider trading while at the hedge fund, ending a five-year winning streak by US prosecutors.

Rengan Rajaratnam

07 Jul 2014

Trial of Rajaratnam's brother ends as defence says US case flawed

A lawyer for Rengan Rajaratnam on Monday compared the government`s insider trading case against the younger brother of Galleon Group founder Raj Rajaratnam to a jigsaw puzzle where the pieces had been wrongly jammed together.

01 Jul 2014

Two counts tossed in Rajaratnam brother's insider trading trial

A US judge on Tuesday dismissed two securities fraud counts against Rengan Rajaratnam, the younger brother of Galleon Group founder Raj Rajaratnam, in a surprise development in the federal criminal insider trading case.

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