San Francisco Chronicle – Raj Rajaratnam’s sentencing on insider-trading charges was rescheduled to Sept. 27 from July by a federal judge in New York.
Rajaratnam, 54, the co-founder of Galleon Group LLC, is at the center of one of the largest illegal stock-tipping cases ever brought by the U.S. He was found guilty May 11 by a jury on five counts of conspiracy and nine counts of securities fraud.