Galleon Group

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  Judge Rakoff Says Goldman's Blankfein Can Testify in Insider Trading Case

  By Marlene Y. Satter, AdvisorOne  |  December 2, 2011

  Controversial Federal judge orders that deposition can be taken before Rajat Gupta insider trading trial.

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  Former FrontPoint Hedge Fund Manager Gets 5 Years for Insider Trading

  By Marlene Y. Satter, AdvisorOne  |  November 18, 2011

  On Friday, Dr. Joseph 'Chip' Skowron, former FrontPoint Partners hedge fund manager, got the bad news: he was sentenced to five years in prison for his part in an insider trading scheme. He also was fined and ordered to pay restitution.

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  Judge Imposes Record Fine on Galleon's Rajaratnam

  By Marlene Y. Satter, AdvisorOne  |  November 10, 2011

  Judge Jed S. Rakoff assessed a $98.2 million fine against hedge fund billionaire Raj Rajaratnam of Galleon Group while criticizing the SEC's settlements in insider trading cases

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  Galleon’s Rajaratnam Sentenced to 11 Years for Insider Trading

  By John Sullivan, AdvisorOne  |  October 13, 2011

  Raj Rajaratnam, the 54-year-old co-founder of hedge fund Galleon Group, was sentenced to 11 years in prison on Thursday, one of the longest punishments ever handed down for insider trading.

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  Galleon’s Rajaratnam Guilty on All Counts

  By Marlene Y. Satter, AdvisorOne  |  May 11, 2011

  Raj Rajaratnam, the billionaire founder of the hedge fund Galleon Group, was convicted Wednesday on all 14 counts of insider trading.

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  Taxes and Fed Nominees; Galleon, SEC Budget and Oil: Advisor Briefing for the Week of March 7, 2011

  By James J. Green, AdvisorOne  |  March 7, 2011

  Congress holds hearings on everything from reforming the tax code and the SEC’s 2012 budget to grilling nominees for a Fed governorship and White House economic posts, while the markets will continue to watch the situation in Libya and the Mideast.

• Goldman Sachs’ Blankfein May Testify in Galleon Case

  By Joyce Hanson, AdvisorOne  |  March 4, 2011

  Goldman Sachs CEO Lloyd Blankfein has reportedly been called to testify in the trial against Raj Rajaratnam, billionaire founder of the Galleon Group hedge fund.

• New Castle Hedge Fund's Kurland Sentenced in Galleon Group Case

  By Joyce Hanson, AdvisorOne  |  May 24, 2010

  Mark Kurland, a co-founder of the $1 billion New Castle hedge fund, was sentenced Friday, May 21, to two years and three months in jail and ordered to forfeit the $900,000 he earned in illegal insider trades.