The life and trials of the hedge fund managers and the market insiders turned tipsters will surely be made into a major Hollywood film soon. I'd bet there are writers already working the project as the plot unfolding in the NY Courtroom tells a fascinating tale of human greed. The writers won't have a...

There is a theory among trial attorneys drawing from a theory in psychology known as "the theory of primacy". It says that you start a trial with your strongest evidence to try to sway jurors early to the merits of your position. If successful, from there forward jurors will have to be dissuaded from...

In what could be described as a "spectacle of all out rabid 'alleged' greed" the unfolding trial of Raj Rajaratnam was highlighted today with the wiretapped telephone coversations featuring Rajaratnam's giggly voiceΠjoking about the private inner doings of companies he would soon trade on. To be sure the wiretap tapes are the critical...

"This was not a simple and singular lapse of judgment, but an egregious breach of trust, a fraud, pure and simple by a person who had no moral compass." These are the words of Manhattan federal judge Richard Holwell who is presiding over the trial of Raj Rajaratnam in the largest insider trading case...

Today, the insider trading criminalΠtrial begins against the Galleon Group hedge fund founder Raj Rajaratnam andΠthe government says that he conspired to get illegal tips about Goldman Sachs from his friend and former Goldman Director Rajat Gupta. Gupta has not been charged criminally yet, but based upon the government strategy revealed in...

The Government's investigation of high level insider trading and resulting damage to the reputations of Goldman Sachs, McKinsey and Intel among others, is expected to result in a spate of separate lawsuits, especially after the details of the alleged wrongdoing emerges at the trial of Galleon Group founder Rah Rajaratnam starting tomorrow. Rajaratnam is...

The trial of Sri Lanka born billionaire Raj Rajaratnam, accused of insider trading, could face more than 20 years in jail but he is not the only one who is nervous at this point. Details of the flow of confidential information to some of the most influential traders in the hedge fund industry. Just...

Former Primary Global Research LLC consultant Winifred Jiau, who has been charged with insider trading, has been ordered held without bail after prosecutors said that it was unmistakably clear she would flee if bail was allowed. Prosecutors said Jiau was recorded in conversations with Terry Peng and indicated her intentions of leaving the...

If press reports of the evidence against former Goldman Sachs Director Rajat Gupta are correct, he will have no choice but to try to negotiate a plea agreement with federal prosecutors in the insider trading case against him. He was charged by the SEC with providing confidential information about Warren Buffett's Berkshire Hathaway's plan...

Rajat Gupta a former Goldman Sachs board member has been charged with insider trading. The charges are that he provided confidential info to Raj Rajaratnam founder of Galleon Group. The SEC also says he provided confidential info about Berkshire Hathaway's planned $5 billion investment in Goldman. Rajaratnam's trial begins next week. Gupta is the...