As could be expected, the sentencing memos submitted by Raj Rajaratnam, the hedge fund manager convicted of insider trading charges, and by federal prosecutors paint very different pictures of the defendant. At their core, the two filings put forth quite contrary views about just how serious the crime of insider trading is and what is an appropriate punishment for an offense that often involves successful individuals who can argue they did not mean to cause any real harm.
‘Enforcement 40’ for 2020
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