Sunday, 29 November 2015
Last updated 1 day ago
Dec 17 2009 | 12:25pm ET
The government’s star witness against Galleon Group founder Raj Rajaratnam has pleaded guilty for the second time to insider-trading.
Khan, who previously admitted to trading on confidential information in 2002, had her guilty plea accepted by a federal judge in New York today, nearly two months after she entered it. She is cooperating with investigators in the insider-trading probe that has snagged Rajaratnam and 20 others. Rajaratnam and one of his co-defendants, former New Castle Partners executive Danielle Chiesi, were formally indicted on Tuesday for their roles in the $20 million trading ring.
Both Rajaratnam and Chiesi have proclaimed their innocence.
Khan is a former Intel analyst and Galleon employee.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…