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Browse: Home / 2011 / September / 13 / Raj sentence may be stiffer

Raj sentence may be stiffer

By Securities Docket on September 13, 2011, 10:09 am

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

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Posted in Criminal, Top | Tagged Sentencing

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