{"id":31175,"date":"2012-09-10T07:48:26","date_gmt":"2012-09-10T11:48:26","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=31175"},"modified":"2012-09-10T07:58:51","modified_gmt":"2012-09-10T11:58:51","slug":"rajaratnams-galleon-hedge-fund-insider-trading-appeal-set-for-october-25","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2012\/rajaratnams-galleon-hedge-fund-insider-trading-appeal-set-for-october-25.html","title":{"rendered":"Wiretaps: Rajaratnam&#8217;s Hedge Fund Insider Trading Appeal Set For October 25"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/02\/raj-rajaratnam.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright  wp-image-14049\" title=\"raj-rajaratnam\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/02\/raj-rajaratnam-300x215.jpg\" alt=\"\" width=\"240\" height=\"172\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2010\/02\/raj-rajaratnam-300x215.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2010\/02\/raj-rajaratnam.jpg 485w\" sizes=\"auto, (max-width: 240px) 100vw, 240px\" \/><\/a>New York (HedgeCo.Net) &#8211; A\u00a0panel of three judge from the federal appeals court is scheduled to hear arguments from hedge fund founder Raj Rajaratnam in a bid to overturn his insider trading conviction.<\/p>\n<p>Rajaratnam is pleading\u00a0on the grounds that the wiretapping evidence was not acquired\u00a0legally\u00a0by the US government. His lawyers, in Febuary 2011, won an emergency order relieving him from turning over wiretap recordings because of legal hurdles in obtaining the 14,000 wiretap intercepts.<\/p>\n<p>&#8220;In applying for wiretap permission in March 2008, an FBI agent failed to tell a judge about prior lengthy probes of his client by securities regulators and the FBI.&#8221; John Dowd, Rajaratnam&#8217;s lawyer,\u00a0told the federal courts in 2010.<\/p>\n<p>The Sri Lankan-born American who founded the New York hedge fund Galleon Group, was found guilty on 14 counts of conspiracy and securities fraud in May 2011.\u00a0Rajaratnam is currently serving an 11-year prison sentence.<\/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; A\u00a0panel of three judge from the federal appeals court is scheduled to hear arguments from hedge fund founder Raj Rajaratnam in a bid to overturn his insider trading conviction. Rajaratnam is pleading\u00a0on the grounds that the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,16034,3],"tags":[],"class_list":["post-31175","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-fraud","category-hedge-fund-rulings","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31175","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=31175"}],"version-history":[{"count":10,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31175\/revisions"}],"predecessor-version":[{"id":31178,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31175\/revisions\/31178"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=31175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=31175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=31175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}