Thursday, 27 August 2015
Last updated 32 min ago
Apr 29 2011 | 4:29pm ET
Galleon Group founder Raj Rajaratnam will be a free man for at least one more weekend, after jurors failed to reach a verdict today, their fifth day of deliberations.The jury deliberated for three hours today before breaking for the weekend. The shortened session was due to juror commitments.
For the second straight day, jurors submitted no notes to the judge and asked to review no evidence. During their first three days of deliberations, jurors sought documents presented by the defense and listened to 15 of the 45 wiretaps played during the case.
Jurors will return to court on Monday to continue their debate on Rajaratnam's fate. Rajaratnam faces 14 counts of securities fraud and conspiracy and faces decades in prison if convicted.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…