Print

[Galleon] Raj Rajaratnam, Danielle Chiesi indicted

Posted by Stacy-Marie Ishmael on Dec 15 21:51.

Raj Rajaratnam, founder of the Galleon hedge fund, and Danielle Chiesi –  a portfolio manager at New Castle Funds LLC  — have been indicted on charges related to the US government’s sweeping investigation into an alleged $20m insider trading ring.

The two were indicted by a federal grand jury in Manhattan on Tuesday. The Rajaratnam/Chiesi indictment charges them with conspiracy to commit securities fraud and securities fraud.

Mr Rajaratnam has denied all the charges against him, and Ms Chiesi has denied any wrong-doing. The indictment marks the first set of criminal charges brought against any of the defendants in the alleged insider trading ring.

Article Series - Galleon

  1. "I'll be like Martha ....... Stewart" - FBI cracks alleged Rajaratnam ring
  2. Rajaratnam alert: Be afraid, be very afraid?
  3. "Put ya money on Galleon!" - Rajaratnam's rap sheet
  4. The Galleon index
  5. Galleon liquidating itself
  6. A closer look at Galleon’s returns
  7. Galleon rat report
  8. Great, sinking ship - more arrests in Galleon case
  9. Analysts, traders, hedgies, attorneys and other Galleon-accused
  10. More stoolies in the Rajaratnam-Goffer case
  11. Zvi Goffer et al - new readers start here
  12. SEC casts its hedge fund net ever wider
  13. alpha quadrant
  14. Raj Rajaratnam denies allegations of insider trading
  15. Rajaratnam: 'I am no Madoff'
  16. Raj Rajaratnam, Danielle Chiesi indicted
  17. Mr Wiretap
  18. SEC phones up Goldman ex-director charges
  19. Raj Rajaratnam: guilty of all charges
  20. Raj Rajaratnam: the sentencing book

This entry was posted by Stacy-Marie Ishmael on Tuesday, December 15th, 2009 at 21:51 and is filed under Capital markets, Hedge funds, People. Tagged with , , , . Edit this entry.

Print