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Hedge Fund

Stony Brook University (credit: Wiki Commons)

Stony Brook University Gets $150 Million Gift

Hedge fund giant James Simons and his wife Marilyn are donating $150 million – the school’s largest gift since the couple donated $60 million in 2008.

2011/12/14

Billionaire Galleon Group hedge fund cofounder Raj Rajaratnam departs Manhattan Federal Court - New York, NY - Mar 8, 2011 - Photo: Mario Tama/Getty Images

Bail Hearing For Hedge Fund Founder Raj Rajaratnam

The three-judge panel of the 2nd U.S. Circuit Court of Appeals in Manhattan did not indicate at Wednesday’s hearing which way it was leaning in the question over Raj Rajaratnam’s freedom.

2011/11/30

Raj Rajaratnam Sentenced To 11 Years For Insider Trading

The Galleon Group founder also was fined $10 million. U.S. District Judge Richard J. Holwell announced the sentence after concluding that Rajaratnam made well over $50 million in profits from his illegal trades.

2011/10/13

Billionaire co-founder of Galleon Group Raj Rajaratnam enters federal court - New York - Apr 25, 2011 (credit: AP Photo/ Louis Lanzano)

Sentencing Set For Raj Rajaratnam, Hedge Fund Founder Convicted Of Insider Trading

If federal prosecutors have their way, Rajaratnam will get between 19 1/2 and 24 1/2 years in prison for what they say were more than $72 million in profits for himself and his Galleon Group of hedge funds.

2011/10/09

Danielle Chiesi (L) (credit: AP Photo/Andrew Burton)

Danielle Chiesi Sentenced To Prison In Insider Trading Case

Judge Richard Holwell said he wanted to send a warning to Wall Street; but he still gave Chiesi less than the 3 to 4 years that prosecutors had sought.

2011/07/20

SEC Reaches Settlement With Insider Trading Convict Danielle Chiesi

Hedge fund manager Danielle Chiesi will be sentenced next week after pleading guilty in what prosecutors have said was the biggest hedge fund insider trading probe in history.

2011/07/14

Jury Convicts 3 Wall Street Traders In Hedge Fund Trial

Three stock traders have been convicted in the second federal trial stemming from a massive probe of insider trading at hedge funds.

2011/06/13

Insider Trading Probe Yields Guilty Plea In NYC

Don Chu entered the plea in federal court in Manhattan. He is among 13 people charged so far in a probe of those in the securities industry who give out inside information instead of legitimate research.

2011/06/08

Closing Arguments Start In NYC Insider Trading Trial

The arguments were expected to last all day Wednesday. They’ll include the replaying of some of the hundreds of taped phone conversations made by the government.

2011/06/01

Raj Rajaratnam arrives at federal court - New York, NY - Apr 29, 2011 (credit: AP Photo/Richard Drew)

Wiretaps Vital In Rajaratnam Insider Trading Conviction

The jury that returned a guilty verdict to all charges against a one-time billionaire hedge fund founder proved to have a voracious appetite for the audiotapes of him talking to fellow traders and friends at public companies about stocks he wanted to trade.

2011/05/12

Raj Rajaratnam Convicted In Hedge Fund Insider Trading Case

A former Wall Street titan was convicted Wednesday of making a fortune by coaxing a crew of corporate tipsters to give him an illegal edge on blockbuster trades in technology and other stocks.

2011/05/11

Jury Goes Home For Weekend In Hedge Fund Insider Trading Case Against Raj Rajaratnam

The judge let jurors leave early on Friday. It was their fifth day of weighing the fate of the hedge fund manager.

2011/04/29

Jury Begins Deliberating In Raj Rajaratnam Hedge Fund Insider Trading Case

A jury has begun deliberating at the trial of a hedge fund founder accused of making tens of millions of dollars through insider trading.

2011/04/25

Both Sides Present Closing Arguments In Hedge Fund Insider Trading Trial

One-time billionaire Raj Rajaratnam listened quietly as prosecutors have labeled him a Wall Street cheater. His own lawyers insist he acted honorably. A jury will be left to decide who’s right.

2011/04/20

NY Prosecutors: Insider Trading Tips Cited On Tape

A Wall Street hedge fund manager bragged in a 2008 conference call about making a massive illegal trade only moments before the market closed, according to prosecutors.

2011/03/31

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