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Business Pundit (Free subscription) | 05/11/2009
... Mr. Goffer and his conspirators engaged in insider trading in the acquisitions of Kronos Inc. and Hilton Hotels Corp. Authorities will announce more details at a noon press conference.
Bloomberg (Free subscription) | 26/10/2009
... and five others made $20 million by swapping material inside information on companies such as Hilton Hotels Corp. and . They may charge at least 10 more people soon, people familiar with the matter said last week. Rajaratnam, founder of New York-based Galleon Group LLC, regularly talked to hundreds of contacts, including other traders, according to people who know him. His arrest...
War On You (Free subscription) | 18/10/2009
Source: Raw Story NEW YORK — US authorities Friday charged a billionaire hedge fund manager and five others with insider trading that netted 20 million dollars on trades in Google, Hilton Hotels Corp. and other companies. The Justice Department filed the charges which named Raj Rajaratnam, head of the Galleon Management hedge fund and listed on the [...]
Raw Story (Free subscription) | 16/10/2009
NEW YORK — US authorities Friday charged a billionaire hedge fund manager and five others with insider trading that netted 20 million dollars on trades in Google, Hilton Hotels Corp. and other companies. The Justice Department filed the charges which named Raj Rajaratnam, head of the Galleon Management hedge fund and listed on the Forbes magazine [...]
Black Listed News (Free subscription) | 16/10/2009
US authorities Friday charged a billionaire hedge fund manager and five others with insider trading that netted 20 million dollars on trades in Google, Hilton Hotels Corp. and other companies.
Bloomberg (Free subscription) | 19/10/2009
The informant wasn’t hired by Galleon. Instead, the witness began feeding Rajaratnam inside information on Pleasanton, California-based Polycom and two other companies, Mountain View, California-based Google Inc. and McLean-based Hilton Hotels Corp. Galleon allegedly turned a $4 million profit on the tip about Blackstone Group LP’s $20 billion buyout of Hilton the day before the announcement....
The Earth Times Online Newspaper (Free subscription) | 17/10/2009
Washington - Raj Rajaratnam, the Sri-Lankan-born billionaire investor who founded a global hedge fund, was arrested Friday as the central figure in an alleged illegal insider trading scheme. He was arrested along with five others including former directors at a Bear Stearns hedge fund, and executives from IBM and Intel Corp. They are all suspected in a 20-million-dollar insider trading...
FoundRead (Free subscription) | 16/10/2009
... charged criminally in the case include Rajiv Goel, director in strategic investments at Intel Corp.’s investment arm; Anil Kumar, a director at global management-consulting firm McKinsey & Co.; Danielle Chiesi and Mark Kurland of New Castle Partners LLC, the one-time equity hedge fund group at Bear Stearns Asset Management Inc.; and Robert Moffat, a senior vice president at International...
Sify (Free subscription) | 16/10/2009
... about three publicly traded companies.Those companies were identified in court papers as Polycom, Hilton Hotels Corp. and Google Inc.According to the court papers, Rajaratnam obtained insider information and then caused the Galleon Technology Funds to execute trades that earned a profit of more than $12.7 million between January 2006 and July 2007. Other schemes garnered millions...
Houston Chronicle (Free subscription) | 16/10/2009
... about three publicly traded companies.Those companies were identified in court papers as Polycom, Hilton Hotels Corp. and Google Inc.According to the court papers, Rajaratnam obtained insider information and then caused the Galleon Technology Funds to execute trades that earned a profit of more than $12.7 million between January 2006 and July 2007. Other schemes garnered millions...
Miami Herald (Free subscription) | 16/10/2009
... about three publicly traded companies.Those companies were identified in court papers as Polycom, Hilton Hotels Corp. and Google Inc. According to the court papers, Rajaratnam obtained insider information and then caused the Galleon Technology Funds to execute trades that earned a profit of more than $12.7 million between January 2006 and July 2007. Other schemes garnered millions...
Miami Herald (Free subscription) | 16/10/2009
... about three publicly traded companies.Those companies were identified in court papers as Polycom, Hilton Hotels Corp. and Google Inc. According to the court papers, Rajaratnam obtained insider information and then caused the Galleon Technology Funds to execute trades that earned a profit of more than $12.7 million between January 2006 and July 2007. Other schemes garnered millions...
kansascity.com (Free subscription) | 16/10/2009
... three publicly traded companies.
Those companies were identified in court papers as Polycom, Hilton Hotels Corp. and Google Inc.
According to the court papers, Rajaratnam obtained insider information and then caused the Galleon Technology Funds to execute trades that earned a profit of more than $12.7 million between January 2006 and July 2007. Other schemes garnered millions...
Star Tribune (Free subscription) | 16/10/2009
... three publically traded companies.Those companies were identified in court papers as Polycom, Hilton Hotels Corp. and Google Inc.According to the court papers, Rajaratnam obtained insider information and then caused the Galleon Technology Funds to execute trades that earned a profit of more than $12.7 million between January 2006 and July 2007. Other schemes garnered millions more,...
San Fransisco Chronicle (Free subscription) | 16/10/2009
Raj Rajaratnam, a partner in Galleon Management and a portfolio manager for Galleon Group, a hedge fund with up to $7 billion in assets under management, was accused of conspiring with others to cause trades based on insider information about three publicly traded companies.Those companies were identified in court papers as Polycom, Hilton Hotels Corp. and Google Inc.According to the...
