Research Firm Exec. Latest Galleon Arrest

Jun 26 2012 | 12:56pm ET

The conviction of former McKinsey & Co. chief Rajat Gupta does not represent the end of the Galleon Group insider-trading case.

Tai Nguyen, of research firm Insight Research, surrendered to the Federal Bureau of Investigation this morning. Nguyen is facing insider-trading charges related to the Galleon case, although the exact allegations have not yet been made public.

Nguyen is expected to appear in Manhattan federal court later today. He is the 65th person to be arrested in the government's crackdown on insider trading.

Gupta was found guilty two weeks ago of passing confidential information about Goldman Sachs and Procter & Gamble, on whose boards he served, to Galleon founder Raj Rajaratnam.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of