Rajaratnam

Rajaratnam neck-deep in trouble, phone taps replayed

Galleon Group founder is clearly on the backfoot. The FBI is going all out to bolster its case against him in the ongoing massive probe of insider trading at hedge funds. Looks like his woes are not going away anytime soon.<br /><br /> <br /><br />

Gupta asks US court to rethink $13.9 million penalty in insider trading case

Gupta's lawyers said he did not accrue any "direct financial benefit" from the offence and yet he has been ordered to two years in prison, a $11 million fine in penalties

Rajat Gupta should pay $14 mn as penalty, US regulator tells court

Gupta had last year in November asked the appeals court to overturn the district court's decision that ordered him to pay the $13.9 million penalty in the civil insider trading case filed against him by the SEC.