Sunday, 1 March 2015
Last updated 1 day ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…