Earlier this week, a federal judge approved the latest civil settlement involving Raj Rajaratnam and the SEC. The settlement requires Rajaratnam to pay $1.45 million to resolve SEC charges specifically related to his alleged trading based on tips from former Goldman Sachs director Rajat Gupta, and bumps the total monetary sanctions against him to over $158 million.
via Rajaratnam to Pay $1.45 Million to Settle SEC’s Gupta Charges – Compliance Week
