{"id":13123,"date":"2009-11-25T09:49:43","date_gmt":"2009-11-25T13:49:43","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=13123"},"modified":"2009-11-25T09:53:09","modified_gmt":"2009-11-25T13:53:09","slug":"rajaratnam-says-government-case-against-his-hedge-fund-is-unconstitutional","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2009\/rajaratnam-says-government-case-against-his-hedge-fund-is-unconstitutional.html","title":{"rendered":"Rajaratnam Says Government Case Against His Hedge Fund Is Unconstitutional"},"content":{"rendered":"<p>New York (HedgeCo.net) &#8211; The billionaire hedge fund manager is arguing that authorities violated his constitutional rights by taping telephone conversations between Rajaratnam and his clients, the Wall Street Journal reports.<\/p>\n<p>Hedge fund managers and stock traders have been closely following the Government&#8217;s case, as wiretapping is a common tactic for investigations into organized crime, terrorism, and drug running. This case is the first insider-trading prosecution based on Government wiretaps.<\/p>\n<p>The Wall street Journal reported that Rajaratnam\u2019s lawyers argued that wiretaps were used without first demonstrating that conventional investigative techniques were inadequate, as required under the Wiretap Act of 1968.<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; The billionaire hedge fund manager is arguing that authorities violated his constitutional rights by taping telephone conversations between Rajaratnam and his clients, the Wall Street Journal reports. Hedge fund managers and stock traders have been closely [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16005,3],"tags":[],"class_list":["post-13123","post","type-post","status-publish","format-standard","hentry","category-developing-stories","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=13123"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13123\/revisions"}],"predecessor-version":[{"id":13125,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13123\/revisions\/13125"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=13123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=13123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=13123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}