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Rajaratnam has insider trading conviction upheld

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A federal appeals court on Monday refused to disturb the insider trading conviction of Galleon Group hedge fund founder Raj Rajaratnam, one of the most prominent defendants in the U.S. government's wide-ranging probe into insider trading.

Raj Rajaratnam's Insider Conviction Upheld

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Galleon Group co-founder Raj Rajaratnam’s conviction for directing the most extensive insider-trading scheme in U.S. history was upheld by an appeals court, which ruled the government’s use of wiretaps was proper.

Rajaratnam's Brother in Plea Talks With Feds

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Rengan Rajaratnam, 42, who worked as a portfolio manager at the Galleon Group of funds founded by his brother, is accused of illegal insider trading involving the stocks of Intel, Advanced Micro Devices and Clearwire, among others.

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