Galleon Group co-founder Raj Rajaratnam may face a stiffer sentence for directing the biggest-ever hedge fund insider-trading scheme after telling a court official he still wasn’t “clear” that what he did was wrong. Prosecutors told the judge that Rajaratnam’s comments, “reflect a serious disregard for the law” and warrant a severe sentence.
Read more: Raj sentence may be stiffer — New York Post
