Galleon Insider Trading Case Grows With 14 New Defendants, Including Hedge Fund Employees

Nov 5 2009 | 12:34pm ET

Nine more people have been arrest and 14 more have been charged in the insider-trading scandal surrounding the Galleon Group.

Among those arrested is a pair of former Galleon employees and four people who work at hedge fund Incremental Capital. The new collars come three weeks after Galleon founder Raj Rajaratnam was arrested and charged with spearheading the insider-trading ring.


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    Save The Date: FINforums Annual Hedge Fund Summit

    Mar 2 2012 | 4:10am ET

    Deirdre BrennanDeirdre BrennanFINforums, the events arm of FINalternatives, is holding its Annual Hedge Fund Summit on Sept. 20, 2012 at the Sentry Centers in New York City. Don't miss out on this chance to meet and mingle with the top decision makers and investors in the alternative asset management industry. Read more…