Galleon's Raj Rajaratnam found guilty on 14 counts
May 11, 2011, 10:59 a.m. EDT
SAN FRANCISCO (MarketWatch) -- The jury in the insider trading case against Galleon founder Raj Rajaratnam found him guilty on all 14 counts on Wednesday. The charges included 9 counts of securities fraud and 5 counts of conspiracy to commit fraud, according to Bloomberg TV. Rajaratnam faces up to 20 years in prison on each securities fraud count, the Wall Street Journal said.
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http://www.marketwatch.com/story/galleons-raj-rajaratnam-found-guilty-on-14-counts-2011-05-11
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